🏛️Mystiko Compliance

Mystiko.Network is an autonomous, decentralized, and permissionless code protocol. Though Mystiko.Network’s code is self-executing, it is designed to comply with regulations against malicious and illegal activities for a healthy financial confidentiality environment in Web3.

Although the confidential transaction features of blockchain technology allow people to fully enjoy their fundamental rights to confidentiality, abusing those confidentiality features for malicious activities could bring harm to societies and these risks should be controlled.

Freedom does not come without compliance. Using Mystiko.Network’ should not equate to or be regarded as using it for illicit activities. Mystiko.Network users must not use it for the purpose of conducting illicit activities or assisting such activities.

In an effort to address the above issue, Mystiko.Network has deployed the following built-in compliance mechanisms/tools to fight against malicious and illegal activities for users and the community.

  1. Blacklist mechanism based on government sanction lists, e.g. the U.S. OFAC SDN Auditable ZK transaction mechanism.

  2. Auditable ZK transaction mechanism

  3. Auditing

    • The 1st round of Mystiko.Network smart contract audit has been completed by ABDK Consulting, and the final audit report will be released once ready.

As a continuing effort towards compliant privacy, Mystiko DAO is constantly accepting more compliance tool suggestions. Please join the #compliance-talk channel in Mystiko discord for more discussions.

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