Forward Protocol x PureFi Partnership — Facilitating the Seamless Transition of Institutional Investments to DeFi

Forward Protocol
3 min readDec 14, 2022

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Forward Protocol’s vision to make blockchain adoption simple and facilitate participation in DeFi ecosystems through user-friendly adoption toolkits advances through our strategic partnership with PureFi. We enter this collaboration to combine our network and expertise to provide a system that facilitates a seamless transition experience into decentralized markets for institutional investors.

PureFi is a DeFi compliance protocol that aids the transition of institutional investors into DeFi while mitigating the risks of participation within these systems. Developed by AMLBot in partnership with Hacken Foundation, it aims to provide a comprehensive solution for crypto asset analytics and AML/KYC procedures relevant to the DeFi market. PureFi uses a set of smart contracts to connect KYC/AML providers with DeFi users and Dexs/DeFi projects to provide crypto assets analytics and protect honest DeFi market players from “dirty money” risks.

Our partnership with PureFi brings us closer to our ultimate goal of making blockchain technology and DeFi services accessible and safe through user-friendly protocols. We are excited to move forward with PureFi to make easy-to-deploy decentralized compliance solutions available to users looking to explore innovative financial solutions within decentralized finance. We also look forward to supporting DeFi participants from PureFi’s ecosystem in our global ecosystem of blockchain participants.

“Partnerships make sense when you have common goals and dedication as the other party. We share these qualities with PureFi. We also believe in facilitating participation within DeFi ecosystems and are convinced that we can achieve more together. Forward Protocol is excited to see what the future holds, and we are sure our partner feels the same way too.” — Mitch Rankin, Co-Founder of Forward Protocol.

“PureFi has come a long way, and our partners have played a crucial role in our growth. We are partnering with Forward Protocol because we believe in its potential to move us closer to reaching our goal of making the crypto space fraud-free for everyone and become the leading gateway for onboarding institutional money into DeFi.” — Slava Demchuk, CEO of PureFi.

Forward Protocol does not compete with anyone. We collaborate to make the blockchain adoption vision simple and straightforward for every potential participant. Community members, partners, and blockchain enthusiasts can find more information about our vision and mission through our Litepaper and Whitepaper.

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About Forward Protocol — Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their blockchain applications without technical knowledge. Forward Protocol has elements of NFT, DeFi, Gamification, AI, ML and Social Tokens inbuilt that connect the value-driven economy. Applications and smart contracts from Forward Protocol can be deployed on any EVM compatible chains in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track mass adoption of Blockchain Technology.

About PureFi — PureFi is a DeFi compliance protocol that aids the transition of institutional investors into DeFi while mitigating the risks of participation within these systems. Developed by AMLBot in partnership with Hacken Foundation, it aims to provide a comprehensive solution for crypto asset analytics and AML/KYC procedures relevant to the DeFi market. PureFi uses a set of smart contracts to connect KYC/AML providers with DeFi users and Dexs/DeFi projects to provide crypto assets analytics and protect honest DeFi market players from “dirty money” risks.

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Forward Protocol

The gateway to blockchain adoption. Customizable, no-code, drag & drop interface. Our website: www.forwardprotocol.io Twitter: www.twitter.com/ForwardProtocol