Knowledge safety has by no means been extra important, and digitalization is turning into an crucial for establishments. It’s on this context that Wecan and Solana announce a groundbreaking strategic partnership. Due to the Solana Attestation Service (SAS), they are going to allow establishments to safe and confirm official registers comparable to land, industrial, and shareholder registers instantly on the Solana blockchain. A decisive step in direction of extra dependable and clear information administration.
Briefly
- Wecan and Solana be a part of forces to safe official registers by way of blockchain due to the Solana Attestation Service (SAS), an revolutionary resolution based mostly on trusted oracles.
- This strategic partnership positions Wecan as a key participant within the digitalization of institutional information, with a flagship first use case: the on-chain land register.
- Establishments profit from improved transparency, safety, and compliance, whereas lowering prices and fraud dangers due to information anchoring on Solana.
What’s the Solana Attestation Service?
The Solana Attestation Service (SAS) is an revolutionary blockchain resolution that permits establishments to digitize and safe official registers by way of on-chain attestations. This service depends on trusted oracles, which assure information integrity and guarantee real-time verifiability. The SAS rollout schedule spans a number of months, with a progressive deployment of options.
Why did Solana select Wecan as a Launch Companion?
Solana chosen Wecan amongst its 8 “Launch Companions” for its acknowledged experience in compliance and administration of important institutional processes. This choice highlights Solana’s belief in Wecan‘s potential to rework the administration of official information on the blockchain.
With a powerful institutional community, mastery of options based mostly on “trusted oracles“, and confirmed expertise in securing regulatory information, Wecan is completely positioned to supply dependable and scalable options to private and non-private establishments. This partnership displays Wecan’s rising significance within the blockchain expertise sector.
Flagship Use Case: The On-Chain Land Register
One of many key SAS use circumstances is the administration of land registers on the blockchain. Due to the Wecan-Solana resolution, governments and buyers will be capable to digitize land data, offering an inviolable proof of possession and simplified transaction monitoring. This digitalization ensures enhanced safety and whole transparency, whereas eliminating fraud dangers.
Key Benefits for Establishments
Establishments adopting this resolution will profit from quite a few benefits, together with:
- Verifiable information: Registers are anchored on the blockchain, making certain their integrity and immutability;
- Fraud discount: Blockchain transparency and safety cut back the probabilities of knowledge manipulation;
- Price discount: Digitization and automation of processes assist decrease operational prices;
- Regulatory compliance: The resolution adheres to worldwide requirements, notably GDPR, making certain safe and compliant information administration.
Subsequent Steps & Lengthy-Time period Imaginative and prescient
The Wecan × Solana partnership plans to increase the answer to industrial and shareholder registers to supply a wider vary of use circumstances. Moreover, the bridge for the WECAN token to Solana will strengthen the ecosystem, facilitating integration and adoption of the answer by sector gamers.
The partnership between Wecan and Solana paves the best way for a revolution within the administration of official registers, combining blockchain safety and effectivity. Observe Wecan’s information on X and on the official website.
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