Progress is a sophisticated web3 validation layer designed to facilitate compliance and regulatory adherence in the management and transfer of security tokens or any compliant digital assets.
This cutting-edge feature vastly reduces the need for manual oversight and cost by embedding regulatory compliance into the very fabric of transaction processing.
At the heart of Progress's design is the use of smart contracts to automate compliance checks. Every transaction executed within the system undergoes validation through these smart contracts, which are programmed to automatically verify compliance with relevant regulations.
➡️ Product functionality and features
In the evolving landscape of digital assets, Progress serves as a beacon of regulatory compliance, ensuring that the management and transfer of digital assets occur in line with prevailing regulations. By simplifying and automating this process, Progress allows businesses to focus more on their core operations and less on the complexities of regulatory compliance.