The Hacken team is pleased to introduce our new partner – Fractal Protocol, an open-source, zero-margin protocol that defines a basic standard to exchange user information in a fair and open way, ensuring a high-quality version of the free internet.
Under this partnership, Fractal will recommend Hacken as a reputable provider of security testing services to its clients and partners. Both Hacken and Fractal are focused on leading changes in their respective niches and the two projects share the same mission – make the digital world a safer place.
Hacken team has recently started using one of Fractal’s products, Fractal ID, to verify the identity of our clients. Fractal ID allows businesses to outsource their KYC/AML needs without compromising on transparency and integrity. All sensitive data is encrypted with a state-of-the-art security process to protect the users’ information. Alongside that Fractal has developed a decentralized wallet (browser extension) for all credentials of users, e.g. KYC data. Combined with the issuing credentials of the Fractal Wallet, the Fractal ID provides a whitelisting KYC solution that is built for conversion optimization and true bank-level compliance, globally.
The use of Fractal ID allows us to prevent interacting with suspicious parties, only verified clients can work with Hacken. As a result, by using the KYC solution developed by Fractal, Hacken mitigates possible reputational risks and increases the efficiency of our business development activities.
It is a great pleasure for the Hacken team to see Fractal Protocol among our partners.
About Fractal Protocol
Fractal Protocol is an open-source, zero-margin protocol that defines a basic standard to exchange user information in a fair and open way, ensuring a high-quality version of the free internet. In its first version, it is designed to replace the ad cookie and give users back control over their data.
For more information about Fractal, please refer to these channels:
Fractal Protocol Telegram
Fractal ID Telegram
To know everything about other Hacken updates, please monitor these channels:
Hacken Club Twitter
Hacken Club Telegram Chat
Hacken Club Announcements
Hacken Foundation Website