Fireblocks, a platform specializing in secure digital asset management and blockchain application development, has announced a partnership with the Kaia DLT Foundation. This non-profit organization, which supports the development of the Kaia blockchain, aims to improve the security and operational efficiency of its ecosystem dedicated to institutional users.
Understanding Web3: a decentralized, secure Internet
Web3, often described as the evolution of the Internet, is based on decentralized technologies such as blockchain. Unlike the centralized model of Web2, it gives users greater control over their data and enables transparent transactions via decentralized applications. Thanks to its cutting-edge solutions, Fireblocks, a company present in the Vintage Altaroc Odyssey 2021, is playing a key role in the development of this new digital era.
Thanks to this partnership, Kaia benefits from Fireblocks' advanced solutions, such as secure digital wallets based on Multi-Party Computing (MPC) technology and robust distributed private key management. These tools help reduce the risk of attacks, both on-chain and off-chain, while ensuring simplified compliance thanks to integrated tools.
Kaia blockchain takes a giant step forward
According to Sam Seo, President of the Kaia DLT Foundation, this partnership marks a significant step forward in making blockchain infrastructures accessible and secure for institutions. "By collaborating with Fireblocks, we are strengthening the scalability and security of the Kaia ecosystem. We will continue to build solutions tailored to the needs of institutions, to support them in their transition to Web3 finance."
With its comprehensive range of APIs, Fireblocks simplifies Web3 product development, enabling companies to design innovative solutions without compromising security. This partnership represents a crucial step in encouraging the institutional adoption of blockchain, ensuring that digital asset management is both efficient and reliable.
