[ update Jul 1, 2021 4:51PM EST ]

We’ve found another minor glitch that will result in a “success” transaction but no upgrade event.

This will not affect the total balance or prevent you from any other activities. This will consume gas much like a failed transaction.

We have found…


V.2 Integrates critical components and features for Shyft Network’s use cases, and it paves the way for the launch of the network.

Shyft Network was designed as a cross-chain, general purpose, smart contract infrastructure to support use cases that require compliance, identity & trusted data requirements.

As we move closer to the launch of mainnet, we have identified use cases and areas of opportunity where the network and it’s layer 2 smart…


A look into how we’re ensuring compliance without removing the “De” from DeFi.

Decentralized finance is the new frontier of investment and value propagation on the internet. It offers a new, innovative method for investing in assets. It removes the hassle of going through regulated channels and submitting many documents for verification of personal data. On the surface, this seems like an ideal…


From early ID management systems to the birth of Blockchain, learn how Shyft Network is building the most secure future for trust and identity.

Identity has been a contentious point for humanity ever since we evolved societies. How are we sure that someone is who they say they are? Before the modern age, there were several ways ancient civilizations did identity verification. Unfortunately, the scope and viability of those methods went out the window…


The Shyft Network Token Economics after the release of mainnet.

Hello everyone, Shyft Network has officially launched! We’ve laid the foundation for an entire network that will solve complex problems like institutional adoption and multi-jurisdictional regulation. As the blockchain ecosystem quickly scales before our eyes, the industry is now starting to feel the effects of present-day regulations. …


The Shyft Bridge is a secure and efficient cross-blockchain asset transfer mechanism

Bridgetown, Barbados — The Shyft Node Federation, the collective of Shyft Network validator nodes, in collaboration with Chainsafe, is excited to announce the deployment of the Shyft Network Bridge on the Shyft Mainnet, a critical piece of interoperative technology that will enable cross-chain asset transfers in a safe and secure…


Shyft Network and Kylin Network take steps towards building compliant DeFi infrastructure for Financial Institutions.

Bridgetown, Barbados — We are delighted to announce our partnership with Kylin Network, the cross-chain data infrastructure powered by Polkadot, to collaborate and build cross-chain data infrastructure for Decentralized Finance (DeFi).

Shyft Network’s opt-in compliance infrastructure, such as whitelisted addresses and Anti-Money-Laundering (AML) and GDPR compliant systems, will be further…


Bridgetown, Barbados, August 17, 2021 — Today, Shyft Core, in collaboration with Binance, Deribit, Bitfinex, BitMEX, Tether, Huobi and other collaborating Virtual Asset Service Providers (VASPs), announced the launch of Veriscope, a decentralized compliance framework and smart-contract platform for VASPs to enable travel rule compliance.

Participating exchanges are collectively initiating…


Veriscope and Shyft Network’s response to FATF Draft Guidance on Virtual Assets and Virtual Asset Service Providers

Last March, the Financial Action Task Force (FATF) issued a Public consultation on FATF draft guidance on a risk-based approach to virtual assets and virtual asset service providers. …


Through the partnerships, users of Tapmydata will be able to reclaim and stake with their data in DeFi markets.

We are excited to announce our latest partnership with Tapmydata, a decentralized data protocol enabling people to own their digital identity and earn crypto, while allowing companies to rebuild trust. Tapmydata are able to achieve this through using Privacy by Design and blockchain technology to keep the score. …

Shyft Network

Shyft is the credential verification network with proof-of-sender protocol and that reclaims trust, identity and credibility for humanity. www.shyft.network

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