Validation Cloud Partners with DFINITY for Enterprise-Grade Blockchain Analytics
2min read Validation Cloud, a prominent Web3 infrastructure provider, has announced a strategic partnership with the dfinity Foundation, a Swiss not-for-profit organization dedicated to advancing blockchain technology. This collaboration aims to support enterprise-grade blockchain analytics infrastructure on the Internet Computer Protocol (ICP).
Validation Cloud has integrated ICP into its high-performance, enterprise-grade node platform, facilitating seamless access to the ICP network for Web3 enterprises. This integration allows for the development of fully decentralized applications on ICP, leveraging its public network for on-chain development. Validation Cloud supports access to ICP Rosetta nodes, which enable communication with the ICP ledger and the NNS (Network Nervous System) governance canister. These nodes are particularly useful for custody, analytics, and compliance enterprises that require data on ledgers, tokens, KYC (Know Your Customer), and aml (Anti-Money Laundering) processes, as well as transaction preparation.
Pierre Samaties, Chief Business Officer at DFINITY, highlighted the benefits of this partnership, stating that it allows developers and businesses to access on-chain data with enhanced reliability, security, and compliance. He expressed enthusiasm for the potential growth and innovation this collaboration could bring to the ICP ecosystem.
Validation Cloud is the first enterprise-grade ledger data provider on ICP, opening new possibilities for Web3 applications and services. Elliptic, a blockchain analytics and crypto compliance company, is the first enterprise user of Validation Cloud’s ICP API. Elliptic’s mission to protect customers from financial crime in cryptoassets requires secure and compliant access to blockchain analytics, which is now facilitated through Validation Cloud’s platform.
Alex Nwaka, Chief Strategy Officer of Validation Cloud, expressed pride in being the first enterprise-grade ledger data provider on ICP, enabling fast, reliable, and compliant access to the network. He looks forward to seeing how organizations like Elliptic leverage this connectivity for blockchain analytics and compliance.
Lukasz Kujawa, VP of Engineering at Elliptic, emphasized the importance of reliable and secure infrastructure in achieving Elliptic’s mission. He noted that enterprise-grade access to ICP via Validation Cloud enables Elliptic to offer faster and more effective blockchain analytics to its customers.
This partnership is just the beginning of many use cases for enterprise-grade access to ICP. Validation Cloud and DFINITY plan to expand their collaboration to make access to ICP and ICRC seamless for all Web3 applications and services seeking fast, reliable, and compliant blockchain analytics, custody, and compliance information.
Validation Cloud, headquartered in Zug, Switzerland, offers highly performant and customizable products in staking, node, and data x AI, connecting organizations into Web3 through a fast, scalable, and intelligent platform.
The DFINITY Foundation, established in 2016, is the creator and major contributor to the Internet Computer, a third-generation blockchain that extends the functionality of the Internet to a computing platform hosting systems and services directly on the blockchain.
Elliptic, founded in 2013, is headquartered in London with offices in New York, Washington D.C., UAE, Singapore, and Tokyo. The company is a leader in digital asset decisioning, providing a comprehensive platform for extracting crypto data and intelligence across blockchains with high accuracy and reliability.
