Chainlink has unveiled its Automated Compliance Engine (ACE), a blockchain-based solution designed to automate critical compliance processes including identity verification, anti-money laundering (AML), and know-your-customer (KYC) procedures. This innovation targets persistent inefficiencies in traditional compliance systems, which reportedly cost institutions over $60 billion in 2023 alone.
ACE directly addresses barriers to institutional blockchain deployment by embedding compliance protocols into tokenized assets, significantly reducing operational overhead. The solution arrives as tokenized real-world assets (RWAs) gain substantial traction, currently holding a cumulative value exceeding $25.4 billion across 318,000 asset holders globally.
Industry analysts project ACE could unlock approximately $100 trillion in latent capital by enabling seamless compliance integration for tokenized assets. Chainlink aims to transform on-chain capital deployment by providing institutions with enhanced security and regulatory certainty, thereby accelerating blockchain’s integration into mainstream finance infrastructure.