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The Sandbox will host Astra Protocol's Metaverse Compliance Hub



 Metaverse users can access Astra's decentralized legal network through the Compliance Hub


World-class decentralized legal and compliance services provider Astra Protocol today announced the launch of a compliance hub in the Ethereum-based virtual metaverse The Sandbox.


The hub aims to provide Metaverse users with a decentralized layer of compliance, including know-your-customer (KYC) and anti-money-laundering (AML) capabilities. Astra will leverage its patented technology along with law firm expertise to enhance the security of the virtual metaworld for all participants via the hub.


Astra's unique Decentralized Legal Network (DLN) is equipped with leading global accounting and law firms covering jurisdictions in 195 countries to ensure users can be assured of receiving the best compliance service appropriate for their operations anywhere on the world is available.


Users can connect directly to the DLN through Astra's Compliance Hub and use its services to obtain accreditation and receive a non-transferrable NFT. After the user is verified, this NFT can be used to gain privileged access to special events in the metaverse without compromising their identity.


Jez Ali, the founder of Astra Protocol, stated that the company is excited to mark its entry into the metaverse:


“We are excited to announce the entry of the Astra Protocol into the Metaverse with our first plot in The Sandbox. The future of Metaverse development will be a long-lasting and innovative mission that has already shown incredible growth and is an exciting area of ​​Web3. By deploying the first compliance hub in the Metaverse, we can support that growth by adding a layer of protection for users around the world.”


The press release goes on to say that Sandbox was specifically chosen for its ability to attract users through its innovative immersive experiences and methods of interaction. The virtual world, where users can build, own and monetize online hangout rooms, has only 166,464 individual lots with numerous coveted and exciting locations, the statement added.

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