Sui: Identity verification project Netki will be launched on Sui, launching DeFi Sentinel tools for developers

Sui announced on social media that the Netki identity verification project will be launched on Sui. Netki will introduce the DeFi Sentinel tool for developers, which can automatically comply with protocols, allowing developers to focus on delivering impactful projects without spending time considering complex regulations. DeFi Sentinel provides real-time KYC/AML, wallet screening, financial transaction monitoring, securities compliance, and tax compliance, and will be directly integrated into the DeFi protocols on Sui that choose to implement this tool. In addition, Sui will also integrate Netki's OnboardID, which will enhance user onboarding and identity verification processes for protocols that support this feature, reducing costs and simplifying compliance for Sui DeFi application deposit processes.