Sui: The identity verification project Netki will launch on Sui, introducing the DeFi Sentinel tool for developers

ChainCatcher news, Sui announced on social media that the identity verification project Netki will launch on Sui. Netki will introduce the DeFi Sentinel tool for developers, which will automatically comply with regulations, allowing developers to focus on delivering impactful projects without spending time on complex regulations. DeFi Sentinel provides real-time KYC/AML, wallet screening, financial transaction monitoring, securities compliance, and tax compliance, and will be directly integrated into the DeFi protocols on Sui that choose to implement this tool.

In addition, Sui will also integrate Netki's OnboardID, which will enhance user onboarding and verification processes for protocols that support this feature, reducing costs and simplifying compliance for Sui DeFi applications' funding processes.