We are thrilled to announce the release of our latest feature: the Veriscope Bloom Filter for deposit addresses. 

The Redis Bloom-based Veriscope Bloom Filter streamlines the management of deposit addresses and attestation events for Virtual Asset Service Providers (VASPs), further solidifying our commitment to improving the VASP experience.

Improving VASPs' Workflow with Our Veriscope Bloom Filter

Traditionally, VASPs have received NEW_ATTESTATION events for all attestations, requiring them to manually determine the ones relevant to their deposit addresses. 

With the introduction of our Veriscope Bloom Filter, VASPs can now upload their deposit addresses, effectively limiting NEW_ATTESTATION events to only those specific addresses. 

This greatly simplifies the process of identifying and responding to relevant attestations.

General Workflow and Benefits

Our Veriscope Bloom Filter allows VASPs to:

• Create a Bloom Filter by bulk uploading deposit addresses. 

• Scan past attestations to identify important ones that may need a response.

• Add newly created addresses to the filter.
  
  
• Receive NEW_ATTESTATION events for addresses in the filter and decide whether to respond to the Originating VASP.

New API Endpoints

To support the Bloom Filter, we have introduced four new API endpoints, ensuring seamless integration and easy utilization of this new feature. Check our API documentation for more details.

Final Note

Our Veriscope Bloom Filter is a game-changer for VASPs, streamlining deposit address management and enhancing their Travel Rule compliance experience.

As a testament to our dedication to continuous innovation and empowering VASPs to excel in their operations, the Veriscope Bloom Filter stands as a shining example of this commitment and represents a significant milestone in our quest to preserve developer experience at all costs.

For more information on the Veriscope Bloom Filter, visit our documentation site.

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VASPs need a Travel Rule Solution to comply with the FATF Travel Rule. Have you zeroed in on it yet? Check out Veriscope, the only frictionless crypto Travel Rule compliance solution.

Visit our website to read more: https://www.shyft.network/veriscope, and contact our team for a discussion: https://www.shyft.network/contact.

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