crypto strategy

Blockchain industry pioneer Lord McNicol joins Astra Protocol as a strategic advisor, advancing the platform’s regulatory compliance efforts

ZURICH, SWITZERLAND/ACCESSWIRE/January 24, 2023/ The blockchain and crypto industry has taken a big step forward with the recent addition of Lord Iain McNicol as a strategic advisor to Astra Protocol. As a prominent figure in the field, Lord McNicol brings a wealth of experience and insight to the team, cementing Astra’s position as a leader in the field of decentralized compliance for Web3. Besides Lord McNicol, Astra also has other high profile board members such as former EU Commissioner Phil Hogan, White House Chief of Staff Mick Mulvaney and former Homeland Security Chief , Kirstjen Nielsen, who bring a wealth of experience and knowledge to the business.

Astra Protocol is a decentralized compliance platform that aims to bring safety and security to Web3 without sacrificing anonymity or privacy. With guidance from Lord McNicol, Astra is well placed to navigate the complex and ever-changing blockchain and crypto landscape. This move is a clear indication of Astra’s commitment to building a strong and experienced team and delivering a high quality product to its users.

Regulation and compliance are essential to the growth and evolution of the crypto industry. They protect customers, businesses and investors, and Astra is at the forefront of this movement. The platform’s successful launch on major exchanges such as MEXC, KuCoin and Gate is a testament to its capabilities, and Astra has a roadmap to expand to even more top exchanges in the near future. Astra has also worked actively with key regulators around the world to help them navigate tough industry standards.

Astra’s unique approach to compliance includes a smart utility for its $ASTRA token. To access the platform’s compliance tools, apps must stake the token, which is already used by large institutions. This not only adds value to the token, but also incentivizes projects to comply with regulations, which is essential for the long-term growth and sustainability of the industry.

Co-Founder and Director Jez Noah Ali said: “We are delighted to have Lord McNicol join our team as a strategic advisor. His vast experience in the blockchain and crypto industry will be invaluable as we work to bring additional security to Web3 and DeFi. . Together with our other high-level board members and our partnerships with key regulators around the world, Astra is well equipped to lead the industry in regulation and compliance. We look forward to working together to shape the future of the blockchain and crypto industry.”

On joining Astra, Lord McNicol said: “I am delighted to join Astra Protocol’s Advisory Board. As a long-time financial regulation advocate, I recognize the value and potential of Astra’s strong commitment to next-gen KYC and compliance. I look forward to supporting them as they deepen their engagement with consumers and key industry players. »

About Astra Protocol:

Astra Protocol is the next generation of compliance, a decentralized KYC platform for Web3. The platform provides a range of regulatory compliance tools for crypto applications, ensuring that financial compliance standards can be met across the Web3 industry. Astra is the only globally patented decentralized KYC platform with a decentralized legal network backed by major global corporations. This innovative technology layer provides faster and more cost-effective KYC than existing services and is specifically designed for a decentralized ecosystem.

Media Contact:
Aaron Ali
[email protected]

THE SOURCE: Astra Protocol

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