Roman square capitals

Quantstamp's New DeFi Protection Program Pays Users in the Event of a Hack

Retrieved on: 
Thursday, October 19, 2023

Quantstamp is announcing DeFi Protection, a new security product that will reimburse users for their DeFi losses.

Key Points: 
  • Quantstamp is announcing DeFi Protection, a new security product that will reimburse users for their DeFi losses.
  • Quantstamp's new DeFi Protection service aims to give DeFi users peace of mind while protecting their funds.
  • DeFi Protection is a security product that checks the safety of smart contracts, alerts users to any threats, and provides 24/7 support from security auditors.
  • Critically, the product also features a guarantee program that will reimburse DeFi Protection customers for any losses due to a gap in Quantstamp's security services.

TransUnion, Spring Labs and Quadrata Partner to Deliver Credit Scoring to Blockchain

Retrieved on: 
Thursday, April 20, 2023

Through this new TransUnion service, off-chain credit data will be delivered to DApps (DeFi Applications) using Spring Labs technology and Quadrata, a digital passport network that was spun out from Spring Labs.

Key Points: 
  • Through this new TransUnion service, off-chain credit data will be delivered to DApps (DeFi Applications) using Spring Labs technology and Quadrata, a digital passport network that was spun out from Spring Labs.
  • This patented process, developed by Spring Labs, will enable the delivery of the credit scoring data while maintaining the privacy of the consumer’s identity on blockchain.
  • The credit score will be delivered from TransUnion facilitated by Spring Labs technology directly to the consumer with excerpt information subsequently shared by the user with the DApp.
  • When it comes to blockchain technology, privacy concerns had previously kept credit data out of view of DeFi lenders.

Quadrata Brings Digital Identity to DeFi Through Partnerships

Retrieved on: 
Thursday, January 26, 2023

Quadrata’s passport network will provide identity verification for the users of each protocol, offering an imperative measure of safety and security.

Key Points: 
  • Quadrata’s passport network will provide identity verification for the users of each protocol, offering an imperative measure of safety and security.
  • “The convergence of blockchain technology and digital identity is the next step to fostering broad adoption of DeFi,” said Lisa Fridman, President and co-founder of Quadrata.
  • “Bringing together identity and creditworthiness is an important step to unlocking safe and scalable access to credit within DeFi.
  • Bringing digital identity to such platforms expands blockchain technology to traditional finance use cases in a compliant and privacy-preserving manner.

Quadrata Partners with Polygon to Integrate Web3 Passport Network

Retrieved on: 
Thursday, September 29, 2022

Quadrata , a passport network bringing the identity and compliance layer to public blockchains, is integrating its passport identity technology with Polygon , the leading blockchain development platform offering scalable affordable, secure and sustainable blockchains for Web3.

Key Points: 
  • Quadrata , a passport network bringing the identity and compliance layer to public blockchains, is integrating its passport identity technology with Polygon , the leading blockchain development platform offering scalable affordable, secure and sustainable blockchains for Web3.
  • Offering our passport technology to one of the largest public blockchains, after Ethereum, is a natural step for Quadrata.
  • The passport identity network is a key infrastructure that is needed and will enable dApps on Polygon to innovate and broaden their product offerings.
  • Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

Quadrata Announces Mainnet Launch of Web3 Passport Network

Retrieved on: 
Tuesday, July 26, 2022

Quadrata , a passport network bringing the identity and compliance layer to public blockchains, announced its mainnet launch on the Ethereum network.

Key Points: 
  • Quadrata , a passport network bringing the identity and compliance layer to public blockchains, announced its mainnet launch on the Ethereum network.
  • Quadratas mainnet launch signifies the importance of bringing verifiable identity on-chain, differentiating good user behavior from bad in a privacy-preserving manner.
  • The launch of mainnet marks Quadratas entry into blockchain identity following this years rise in use cases for DeFi, NFTs, the metaverse and gaming, said Fabrice Cheng, Co-Founder, CEO of Quadrata.
  • Quadrata is celebrating the mainnet launch with NFT sweepstakes for individuals interested in joining the network.

Quadrata Announces $7.5 Million Seed Round, Led by Dragonfly Capital

Retrieved on: 
Tuesday, July 12, 2022

Quadrata , a passport network bringing identity, reputation and compliance to blockchain applications, has announced a $7.5 million seed funding round, led by blockchain-focused venture capital firm, Dragonfly Capital .

Key Points: 
  • Quadrata , a passport network bringing identity, reputation and compliance to blockchain applications, has announced a $7.5 million seed funding round, led by blockchain-focused venture capital firm, Dragonfly Capital .
  • The funds will allow Quadrata to grow its ecosystem with the goal of integrating hundreds of dApps and offering the Quadrata Passport to millions of blockchain users.
  • In the current web3 ecosystem, identity is the holy grail problem that remains unsolved," said Haseeb Qureshi, Managing Partner, Dragonfly Capital.
  • Dragonfly Capital is a global crypto fund that partners with crypto founders in all stages of development, from seed to Series C, to liquid tokens.

Quadrata Adds Team of Trusted Advisors to Support Building the Standard for Open Compliance-Aware Framework in DeFi

Retrieved on: 
Wednesday, April 27, 2022

Quadrata , a Web3 identity passport network bringing identity, compliance and reputation to enable real financial services to DeFi, has added a team of five trusted advisors.

Key Points: 
  • Quadrata , a Web3 identity passport network bringing identity, compliance and reputation to enable real financial services to DeFi, has added a team of five trusted advisors.
  • The addition of these advisors will provide Quadrata with valuable industry expertise and an extended network in the institutional finance and DeFi space, contributing to the companys mission of setting the standard for institutional DeFi.
  • We are humbled by this group of industry experts who have joined Quadrata as advisors, said Fabrice Cheng, Co-Founder and CEO of Quadrata.
  • Quadrata infrastructure will support broader institutional adoption and a wider range of financial products in DeFi, before being applied to other use cases.

Quadrata Launches Data Passport Network Instituting Identity and Compliance Into DeFi

Retrieved on: 
Thursday, March 17, 2022

Quadrata , a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains, announces the launch of their Web3 passport.

Key Points: 
  • Quadrata , a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains, announces the launch of their Web3 passport.
  • By bringing identity on-chain, Quadrata aims to expand the range of use cases on DeFi while protecting sensitive information.
  • Quadrata is paving the way for on-chain identity and compliance through their passport network.
  • Quadrata is a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains such as Ethereum.