Shyft Network, the leading decentralized compliance and identity protocol for Web3, is proud to announce its collaboration with Inocyx, a crypto infrastructure innovator reshaping India’s blockchain landscape with a focus on security, compliance, and next-generation blockchain solutions.

As part of this partnership, Inocyx will integrate Shyft Veriscope, the only frictionless FATF Travel Rule compliance solution. Veriscope enables Virtual Asset Service Providers (VASPs) to meet compliance requirements by securely requesting cryptographic proof from users’ non-custodial wallets, ensuring a seamless and private compliance process.

“This collaboration with Inocyx advances Shyft’s mission to make decentralized ecosystems more secure and compliant,” said Zach Justein, Co-founder of Shyft Network. “Together, we’re empowering institutions and developers to innovate with Web3 while ensuring privacy and meeting regulatory expectations.”

Shyft’s continued expansion in India, combined with Inocyx’s dedication to enhancing the blockchain ecosystem, represents a shared vision for building trusted, interoperable, and future-proof solutions that pave the way for the next wave of financial transformation.

About Veriscope
Veriscope is Shyft Network’s frictionless FATF Travel Rule compliance solution, enabling Virtual Asset Service Providers (VASPs) to securely request cryptographic proof from users’ non-custodial wallets. It ensures seamless compliance while upholding privacy, security, and trust in crypto transactions.

About Inocyx
Founded in 2020, Inocyx has emerged as a market leader in India, transforming the blockchain landscape with cutting-edge technology, compliance, and security. As an FIU-registered exchange and incubatee of FinBlue, Inocyx is committed to enhancing India’s crypto infrastructure and driving global innovation in the Web3 space.