Krayon Digital and Sayfer partner to enhance Web3 security
The multi-party computation wallet solutions provider has joined hands with the Israeli blockchain security company to address Web3 security challenges through safer private key management.
BigThink
The multi-party computation wallet solutions provider has joined hands with the Israeli blockchain security company to address Web3 security challenges through safer private key management.
August 15, 2023
Krayon Digital, a digital multi-party computation MPC wallet solutions provider to start-up and enterprise clients, recently announced its strategic partnership with Israeli blockchain security consulting company, Sayfer.
“The partnership between Krayon and Sayfer is the result of a shared ambition to revolutionise the security landscape within digital asset management,” Hamilton Keats, CEO and co-founder of Krayon told FinanceAsia.
Typically, a cryptocurrency or digital asset wallet is paired with a single private key that authorises transactions. However, this means that if the private key is stolen or lost, it creates a single point of failure where all digital assets secured by the key are exposed to...
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