Verify Ownership for Gnosis-based Addresses with AOPP

21 Analytics’ Travel Rule solution now supports self-hosted wallet verification on the Gnosis chain through the AOPP Portal, enabling quick wallet ownership proofs when customers transact on the network.

Why Support Gnosis?

Gnosis Chain is designed for fast and inexpensive transactions, with a particular focus on stablecoins and payments. Transactions and network fees are paid in xDAI, its native fee token.

Its low transaction costs and compatibility with Ethereum make Gnosis Chain a practical environment for digital asset payments, stablecoins and decentralised applications.

Gnosis Chain has developed a broad ecosystem around stablecoins, payments and DeFi, with applications and projects operating across the network.

For VASPs, supporting Gnosis Chain helps accommodate customers who hold and transfer digital assets on the network while keeping Travel Rule compliance and self-hosted wallet verification integrated into their existing transaction flows.

Gnosis and the AOPP Portal

Once a customer starts a transaction through their exchange’s dashboard, a unique proof request is generated. The customer can then follow the provided instructions to connect their wallet and confirm ownership of the relevant address.

Following successful verification, the proof is automatically sent back to the 21 Travel Rule software and recorded. The compliance team can then access the verification proof through the 21 Travel Rule Compliance Dashboard, with no manual intervention required.

Compliance with Minimal Effort

Supporting Gnosis Chain through the AOPP Portal gives VASPs a simple way to incorporate self-hosted wallet verification into transactions taking place on the network.

Creating a smoother experience for wallet owners while giving VASPs a reliable record of wallet ownership verification.

The AOPP Portal supports digital assets native to the Bitcoin, Ethereum, Binance Chain, TRON, Polygon, Solana, Avalanche, Arbitrum, and Optimism. Moreover, by leveraging ISO 24165, more than 2800 digital assets are supported.

With 21 Travel Rule, VASPs can simplify self-hosted wallet verification while automating their compliance workflows.

Learn how the 21 Travel Rule solution helps VASPs simplify self-hosted wallet verification.