Silence Laboratories and Zengo Kick Off Strategic Partnership

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Silence Laboratories is excited to announce our strategic partnership with Zengo – the world’s leading self-custodial crypto wallet with no seed phrase vulnerability. The partnership will focus on powering new R&D efforts in MPC-based key management, starting with Zengo’s new Solana ecosystem integration.Zengo has been a leading wallet, known for its security and usabilityZengo Wallet provides a best-in-class experience to its more than 1.5 million users, with simple onboarding and secure recovery features similar to those in traditional fintech apps. Zengo users do not need to remember seed phrases and their keys are protected through MPC technology, removing the single point of failure and seed phrase loss vulnerabilities in traditional crypto wallets. Silence has been enabling enterprises to build a digital asset platform with the fastest MPC-TSS in productionSilence Laboratories a Singapore-based deep-tech firm focusing on cutting-edge cryptography and privacy preserving technologies, has built cutting-edge key management solutions unmatched in speed and flexibility. Leading web3 companies and platforms like BitGo, Biconomy, Thorchain, CoinDCX, and partners like EigenLayer use/support MPC libraries from Silence.Nature of the partnershipThis partnership will bring cutting edge cryptographic security in the form of Silence Laboratories MPC library for EdDSA signatures to the Zengo platform, to begin with. With this integration, users will now be able to enjoy the same secure and easy-to-use features when transacting on the Solana ecosystem. Moving ahead, teams are collaborating on continuous cryptographic R&D, co-development, and the addition of niche features to empower the evolving digital asset space.What the co-founders have to saySpeaking of the partnership, Zengo Wallet’s CEO Ouriel Ohayon said, “As global pioneers in wallet security and MPC innovation, this collaboration is a testament to our shared commitment to pioneering secure, seamless digital asset management, pushing the boundaries of innovation in the crypto ecosystem, and offering a wider range of products for our users.”Jay Prakash, CEO of Silence Laboratories, added,“We’re delighted to contribute to Zengo’s best-in-class user experience by providing our MPC EdDSA cryptography for their Solana expansion. What is more exciting is continuous cryptographic R&D, co-development, and the addition of niche features and shipping them in close partnerships, such as with Zengo.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Source link