Astra Protocol Sets Up a Compliance Hub in The Sandbox Virtual World

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Zürich, Switzerland, 1st February, 2022, Chainwire

Astra Protocol, a cutting-edge legal and compliance layer that brings unmatched assurance to public blockchains, is pleased to announce that it has set up a Compliance Hub in The Sandbox virtual world. The new Compliance Hub will arm the metaverse users with a decentralized compliance layer, including Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) capabilities. 

Astra Protocol resolves on-chain compliance issues using its patented technology and the expertise of trusted legal firms. With its new Compliance Hub, Astra aims to make the emerging frontier of metaverse safer for all participants. 

It has created a unique Decentralized Legal Network (DLN) consisting of all the major, global legal and audit firms to provide the best KYC/AML services available. The DLN covers jurisdictions in 195 countries to ensure that regulations can be met almost anywhere globally.

The metaverse users can head to Astra’s Compliance Hub, connect to its DLN, gain accreditation, and receive a non-transferrable NFT, which grants them privileged access to otherwise unreachable special events. 

This whitelisting process means that once a user is verified, they can partake in all the exciting metaverse occasions without having to worry about their identity being compromised. Astra’s services solve identity issues while protecting users from harm or malicious accounts.

Jez Ali, the founder of Astra Protocol, said, “We are delighted to announce the Astra Protocol’s entry into the metaverse with our first plot in The Sandbox. The future of metaverse development will be a long-lasting and innovative mission which