IBM’s crypto partner Dfns integrates Concordium for Web3 compliance

Dfns integrated Concordium’s layer-1 blockchain to add identity-verified wallets to its WaaS platform as institutions seek compliant Web3 adoption.

Dfns, a digital wallet infrastructure provider and a partner of tech giant IBM, has integrated Concordium’s layer-1 (L1) blockchain to launch an identity-verified Web3 wallet solution.

Concordium’s privacy-preserving identity layer is now part of Dfns’ wallet-as-a-service (WaaS) platform, the companies announced Wednesday in a joint statement shared with Cointelegraph.

“This integration enables financial institutions and enterprises to instantly deploy compliant, privacy-preserving wallets without building complex identity infrastructure from scratch,” Dfns CEO Clarisse Hagège said.

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