The Velo Web3+ Ecosystem has embarked on a strategic collaboration with Uppsala Security, a leader in offering premier security tools and services for crypto Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF), transaction risk management, regulatory compliance, and transaction tracking. This partnership is aimed at bolstering the security and compliance capabilities of Velo's digital finance platform through the utilization of Uppsala Security's security solutions.

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A primary focus of this collaboration is the integration of Uppsala Security's Digital Asset Tracking Services and Digital Asset AML Protection Solutions into the infrastructure of Velo's ecosystem. A notable initiative involves incorporating Uppsala Security's AML solutions, such as Chainkeeper, into the Velo platform. Chainkeeper, currently in Beta version, is scheduled for an official launch in early 2024. This integration is designed to enhance AML protection, ensuring Velo's platform adheres to secure and compliant standards.

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"By combining our strengths with Uppsala Security, we are taking a significant leap in advancing the security features of our platform. This aligns perfectly with our vision of fostering a secure and compliant digital financial environment," stated a spokesperson from Velo.

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The partnership between Velo Web3+ Ecosystem and Uppsala Security marks a pivotal moment in reinforcing the security and integrity of the Velo platform. Through the implementation of Uppsala Security's cutting-edge solutions, Velo is dedicated to offering a secure and regulatory-compliant space for its users. This collaboration underscores Velo's commitment to maintaining the highest security and compliance standards in the digital finance sector.

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"Our collaboration with Velo is a testament to our shared goal of enhancing security in the digital finance landscape. We are excited to bring our expertise to this partnership, contributing to a safer ecosystem for all users," commented Patrick Kim, CEO and Founder of Uppsala Security.

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As the collaboration between Velo Web3+ Ecosystem and Uppsala Security progresses, both entities are devoted to closely integrating and fine-tuning these solutions for optimal deployment. This joint effort is a reflection of their mutual dedication to ensuring a secure and compliant environment for users within the Velo ecosystem.

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Keep an eye out for further updates as Velo Web3+ Ecosystem and Uppsala Security continue their collaborative efforts to advance the security and compliance features of Velo's digital finance platform.

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About Velo

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Velo is at the forefront of developing a decentralized financial framework, focusing on crypto payments and smart contracts. This innovative approach paves the way for future financial users to move beyond traditional intermediaries like banks and brokers, offering them a reliable, automated, peer-to-peer network. This transition aims to make financial transactions not only faster and more affordable but also widely accessible. At the heart of Velo's vision is the goal of linking businesses and individuals to a worldwide fund network. By doing so, Velo seeks to accelerate the flow of money through efficient financial services within its advanced Web 3+ ecosystem.

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About Uppsala Security

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Uppsala Security is a leading provider of innovative security tools and services, specializing in Crypto Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF), Transaction Risk Management, Regulatory Compliance, and Transaction Tracking. With a team of experts dedicated to staying ahead of emerging threats, Uppsala Security empowers both end-users and organizations with the knowledge and tools to safeguard their operations in the fast-paced world of cryptocurrencies.