Industry Problem.
Inability to access legal and risk management services. Despite the exponential growth witnessed by the Blockchain industry, DeFi projects are unable to access any form of qualified professional services when it comes to governance, legal, compliance, custody and risk management services. This challenge accounts for the major setbacks faced by DeFi innovations.
Inability to hire competent service providers. Decentralized projects are unable to interact or onboard traditional world service providers because they arenβt recognized as legal entities. Any regulated professional would require KYC and AML checks, as well as sign a legally binding contract.
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