TR:Light solves the chicken/egg problem of implementing the Travel Rule. VASPs can start securely exchanging data between each other regardless of which protocol they use or if they don’t use any protocol.
We're excited to introduce 🥁.... TR:Light! 🎉 A lightweight email-based Travel Rule solution that allows your VASP to comply from day one.
The number one thing we learned from #crypto compliance officers is that they just want to get started complying with the Travel Rule and not wait to see which protocol wins. Today launched TR:Light to let them implement it immediately