Forte Introduces Open-Source Rules Engine to Boost Blockchain Security and Economic Stability
Forte has launched the Forte Rules Engine, an open-source tool designed for Web3 developers to enhance blockchain security and manage digital asset economies. This engine allows developers to set and enforce rules that ensure transaction integrity, manage compliance, and mitigate market risks. CEO Bela Pandya highlighted the importance of robust infrastructure for blockchain projects, offering features like anti-dumping controls and sanctions enforcement. It is compatible with EVM chains and web3 wallets and supports KYC and sanctions while maintaining privacy with Zero Knowledge features. The initiative is aimed at fostering trust and creating stable digital asset ecosystems, promoting sustainable blockchain innovation.
Neutral
The introduction of the Forte Rules Engine presents a reliable tool for improving blockchain security and stability, which is beneficial for long-term market health. However, its immediate impact on the crypto market is neutral as it does not influence short-term price movements or trading volumes. The tool’s potential to enforce compliance and manage risks could lead to a more resilient ecosystem, benefiting the market in the long run.