REGTANK LAUNCHES STRATEGIC PARTNERSHIP WITH PROTOCON, A PUBLIC LAYER 1 BLOCKCHAIN PLATFORM BASED ON WEB 3.0

SINGAPORE, Sept. 5, 2022 /PRNewswire-HISPANIC PR WIRE/ -- Regtank has forged a strategic partnership with Protocon, a blockchain corenet project. In the strategic trade agreement (MOU), both companies have expressed their mutual interest in improving the efficiency, accuracy and security of the blockchain ecosystem through collaboration in blockchain-related technology support, knowledge sharing and community expansion.

Protocon, a combination of "protocol" and "Economy," is a Web 3.0-based Layer 1 public blockchain platform that is open to anyone. Protocon Network aims to build a self-managed digital economy based on protocols to provide the necessary infrastructure in the era of digital transformation.
Regtank will offer blockchain compliance analytics that significantly enhance protocon's ecosystem and its security, including processes such as digital onboarding, AML/KYC detection, and transaction monitoring. The integration of Regtank's compliance software will not only maintain the highest level of regulatory compliance for the Protocon chain, but also protect global users from deep risks in the cryptocurrency and blockchain space.

The parties also agreed to work closely on co-branding and co-marketing efforts to enhance the value and potential of both brands. In addition to combining Protocon's revolutionary blockchain technology with Regtank's future product development, the partnership encourages dApp projects on Protocon's network, PEN-BASED TOKEN LISTED EXCHANGES, and Protocon to adopt Regtank solutions that reinforce efficiency.