The Open Network’s TONNE Foundation has announced that Elliptic, a top blockchain analysis company, would strengthen the foundation’s security and assist TONNE Foundation in achieving its objective of bringing cryptocurrency to every pocket by creating a web3 ecosystem on Telegram.
Elliptic will show all TONNE wallet addresses and highlight those associated with rogue actors or harmful activity, increasing ecosystem visibility and security. The users will be protected by this.
TONNE is a community that is expanding quickly. There are now 165% more accounts registered on TONNE. Its partnership with Elliptic will attest to the fact that TONNE ecosystem users are shielded from accounts connected to harmful activity. As so, it will strengthen the strong security of the foundation.
Understanding Ripple’s XRP Sale at a Loss
“Elliptic support will increase security by protecting the user from any criminal activity,” stated Justin Hyun, the TONNE Foundation’s Director of Growth. The environment of the TONNE will continue to be safe as it grows quickly.hance Safety
TON Foundation Backs Elliptic in New Partnership,TON Foundation Backs Elliptic in New Partnership
Concerning TONNE and Elliptic
An open network foundation is TONNE. Funding for the non-profit organisation comes from local sources. It was established in Switzerland in 2023. It works to benefit the community and aims to put cryptocurrency in everyone’s wallet.
Through the improvement of the web3 ecosystem in Telegram Messenger, TONNE is giving billions of people the chance to take ownership of their digital assets, data, and identity.
Elliptic is a risk management company that serves financial institutions, governments, and cryptocurrency companies globally. Investors such as Santander Innoventures, J.P. Morgan, SBI Group, and Wells Fargo Strategic Capital support them.
ADA Price Forecast: Will Cardano Bounce Back in November?
Elliptic has assessed risk on multiple trillion dollar transactions. It has also turned up evidence of money laundering, fraud, financing of terrorism, and other financial crimes.
In brief
In an effort to promote improved security and data intelligence, the Open Network (TONNE) Foundation has announced its support for Elliptic. The blockchain research company is going to help the TONNE Foundation fulfil its mission of enabling cryptocurrency in every pocket. Additionally, it will support Telegram’s Web3 ecosystem development.
Elliptic will assist in addition to this by vetting TONNE wallet addresses and flagging those linked to criminal activity. In order to increase the exposure and security of the TONNE ecosystem, they will also promote Toncoin’s listing on reputable exchanges.
The TONNE Foundation’s growth will enable new users to join the ecosystem and get a meaningful sense of asset ownership.
TON Foundation Backs Elliptic in New Partnership,TON Foundation Backs Elliptic in New Partnership,TON Foundation Backs Elliptic in New Partnership