Blockchain Industry Pioneer Lord McNicol joins Astra Protocol as a strategic advisor, advancing the platform’s regulatory efforts
ZURICH, SWITZERLAND / ACCESSWIRE / January 24, 2023 / The blockchain and crypto industry has taken a major step forward with the recent addition of Lord Iain McNicol as a strategic advisor to The Astra Protocol. As a prominent figure in the field, Lord McNicol brings a wealth of experience and insight to the team, strengthening Astra’s position as a leader in decentralized Web3 compliance. Along with Lord McNicol, Astra also boasts other high-profile board members such as former EU Commissioner Phil Hogan, White House Chief of Staff Mick Mulvaney and former head of Homeland Security Kirstjen Nielsen, who bring a wealth of experience and knowledge to the company.
Astra Protocol is a decentralized compliance platform that aims to bring safety and security to the Web3 without sacrificing anonymity or privacy. With Lord McNicol’s guidance, Astra is well positioned to navigate the complex and ever-evolving 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 critical to the growth and development 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 been actively working with major regulators worldwide to help them navigate through the difficult standards in the industry.
Astra’s unique approach to compliance includes a smart tool for the $ASTRA token. To access the platform’s compliance tools, applications 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 industry’s long-term growth and sustainability.
Co-founder and director Jez Noah Ali said: “We are thrilled to have Lord McNicol join our team as a strategic advisor. His wealth of experience in the blockchain and crypto industries will be invaluable as we work to bring increased security to Web3 and DeFi Together with our other high-profile board members, and our partnerships with major regulators around the world, Astra is well positioned to lead the industry in terms of regulation and compliance, and 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 be joining the Astra Protocol Advisory Board. As a long-time champion of financial regulation, I recognize the value and potential of Astra’s strong commitment to KYC and next-generation compliance. I look forward to supporting them as they increase engagement with consumers and industry leaders.”
About the Astra protocol:
Astra Protocol is the next generation of compliance, a decentralized KYC platform for Web3. The platform offers 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 firms. 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]
SOURCE: The Astra Protocol
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