Question 1

What is the Bermuda embedded supervision pilot?

Accepted Answer

It is a testnet project completed by Chainlink, Apex Group, Bluprynt, and Hacken in collaboration with the Bermuda Monetary Authority that demonstrated how digital asset compliance rules can be enforced automatically within blockchain infrastructure, blocking non-compliant transactions before they settle.

Question 2

Which blockchains were used in the pilot?

Accepted Answer

The solution was deployed on Ethereum's Sepolia and Base Sepolia testnets.

Question 3

What role did each company play in the Bermuda compliance pilot?

Accepted Answer

Bluprynt handled issuer identity verification through its Know Your Issuer framework, Chainlink provided on-chain policy enforcement and reserve verification, Apex Group acted as an independent administrator supplying authenticated reserve data, and Hacken delivered real-time transaction monitoring and anomaly detection.

BMA

Bermuda completes blockchain compliance pilot that blocks illegal transactions in real time

One sharp brief.
Every day.

BMA

Bermuda completes blockchain compliance pilot that blocks illegal transactions in real time

One sharp brief.Every day.

One sharp brief.
Every day.