W2, Crucial Compliance, and nChain Partner to Develop Blockchain-Based Compliance Solution

A regulatory compliance service provider, W2, has joined forces with Crucial Compliance, specialists in player protection, and nChain, a technology provider, to develop a blockchain-based compliance solution.

This groundbreaking initiative will leverage blockchain technology to offer a comprehensive set of compliance solutions, merging W2’s and Crucial Compliance’s expertise with nChain’s blockchain knowledge. The objective is to assist operators in global markets in navigating the intricate landscape of regulations.

The collaboration aims to enhance the existing compliance solutions provided by W2 and Crucial Compliance, making it easier for operators to fulfill regulatory requirements and prepare for future obstacles.

“We believe that safeguarding players should be straightforward,” stated Warren Russell, Chief Executive Officer of W2. “By combining our strengths with Crucial Compliance and nChain, we have created a solution that prioritizes players and streamlines compliance for operators.”

Paul Foster, Chief Executive Officer of Crucial Compliance, shared this sentiment: “Blockchain technology is the future of regulatory compliance and player protection. This partnership enables our operator partners to harness its power today and be prepared for the future.”

Nicholas Hill, the Sales Director at nChain, indicated that the new offering will contribute to minimizing the likelihood of blockchain market participants encountering penalties and harm to their public image.

“We are enthusiastic about the potential of blockchain technology to improve essential procedures for companies across diverse sectors, especially for gaming operators, regulatory adherence, and safeguarding players,” Hill stated.

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