Dfns partners with IBM to launch compliant wallet solution, Concordium privacy layer favored by Circle, Fidelity, and other institutions

2026-01-07 14:40:09

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【Crypto World】Dfns and IBM have launched an interesting collaboration—integrating Concordium’s layer-1 blockchain privacy identity layer into the WaaS platform. In simple terms, it’s a ready-to-use solution for financial institutions: want privacy protection and compliance? Use their Wallet-as-a-Service platform to deploy directly, saving the hassle of building complex identity infrastructure from scratch.

This solution has already attracted many heavyweight players—Circle, ABN Amro, Fidelity International, among others. From a demand perspective, this addresses a real pain point: traditional financial institutions entering Web3 often have to DIY compliance and privacy, which can be costly and time-consuming. Now, with a ready-made solution, institutional users find it much more convenient.

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SellTheBounce

· 01-10 06:02

Compliant wallets sound great in theory, but think about those big institutions... they'd probably need to see a 30% dip before actually considering this solution.

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AlwaysMissingTops

· 01-07 15:06

Ha, finally someone has figured this out. Compliance + privacy all in one, institutions probably wake up laughing in their sleep. --- Circle and Fidelity are both involved, it seems this set of solutions really has some substance. --- To put it simply, it's about saving money and effort. Who wouldn't want a ready-made solution? --- Concordium finally gets to show its face this time; it really didn't have much presence before. --- IBM is joining the fun, and they do have real technical support. We'll see how it performs in the subsequent implementation. --- The pain point for institutions is indeed here. The compliance hurdle has blocked many; now offering instant service is so attractive. --- But it feels like someone will eventually do this, and this time it's just about who picks the fruit first. --- WaaS is getting more and more competitive. How long can truly useful ones last?

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¯\_(ツ)_/¯

· 01-07 15:04

Compliance + privacy are really the hurdles for institutional entry. Now there are ready-made solutions that can be used directly, which indeed save a lot of trouble.

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FlatTax

· 01-07 15:04

Compliance + Privacy One-Stop Solution, this is the correct way for traditional finance to enter the market --- Circle and Fidelity are both using it, indicating there is indeed a market for this --- It's IBM again, this guy has considerable influence in the blockchain circle --- WaaS finally has someone who has figured out the IT thoroughly, saving institutions from figuring it out themselves --- I feel this is the real direction that can drive institutional adoption, rather than those flashy things --- How is the Concordium privacy layer? Has anyone used it? --- DIY costs can't be amortized, this point hits the core --- Ready-made solutions are available, now it depends on who can quickly expand the market

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ForumLurker

· 01-07 14:49

Hey, now this is great. Institutions finally don't have to mess around on their own. People always say compliance is hard, privacy is hard, and combining the two is even more deadly. Now IBM and Dfns are directly stepping up? It really hits the pain points. Circle and the others are already using it, which shows that this stuff really works.

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