Privacy, Security, and Compliance
Mirai is designed with a rigorous approach to privacy and security, balancing decentralization with regulatory compliance. Key considerations include:
MPC-Based Key Management: Users’ private keys are protected through distributed computation, mitigating single points of failure.
Optional KYC and Soulbound NFTs: Users who wish to engage with compliant financial products can leverage existing KYC through telecommunications partners. Confirmed identities are marked with non-transferable NFTs, ensuring that compliance checks do not require exposing sensitive data.
Regulatory Flexibility: The platform’s chain-agnostic design and robust identity layer enable adherence to evolving regulations without locking users into restrictive ecosystems.
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