Zengo Crypto Wallet starts support for Web3 and brings MPC security for everyday users

Zengo Crypto Wallet starts support for Web3 and brings MPC security for everyday users

Tel Aviv, Israel, April 12, 2022, kett wire

  • Zengo becomes the first web3 crypto wallet that is resistant to account takeover and hacking of private keys: Save NFTS and invest in defi
  • Zengo is the first consumer-oriented web3 crypto wallet based on a multi-party calculation (MPC), eliminates vulnerabilities for private keys, ensures user control in the chain and simplifies the secure restoration of accounts.

Zengo, the world's leading simply and safe Krypto-Wallet app powered by multiparty computation (mpc) technology canceling support The Ethereum Blockchain- It will be the first multi-chain-web3 crypto wallet with account-phishing protection and seamless restoration of the wallet.

Every week, countless users lose money through phishing attacks with private keys via emails and social networks. As a new industry, the MPC technology from Zengo and 5 unique patents offer a safe bridge to web3: from NFTS and DEFI and DAPPS by eliminating seed phrases and private keys from the wallet experience. By using Zengo's MPC security, users cannot endanger their own assets due to the usual pitfalls caused by private keys and bad key management. If the phone on which the wallet is stored, is lost or stolen is lost, the Zengo restoring kit ensures stress-free restoration, thanks to Biometric Multi-factor recovery .

The step of Zengo to support the web3 ecosystem will make it easier and safer for crypto native and crypto-new users, to shape, act, to store, to save, to achieve, to achieve decentralized games, contribute to Daos and much more.

According to ouriel Ohayon, co-founder and CEO of Zengo, "Zengo is striving to offer a unique human and zen user experience in an industry that is still chaotic, complicated and confusing. To get the next 1 billion on board, we need products that offer an appealing, simple and safe user experience. WalletConnect is a huge step forward for the introduction of web3 and crypto as a whole. ”

So far, Web3 was only accessible via conventional wallets without custody: complicated, confusing, difficult and risky to restore and difficult to secure. The WalletConnect integration of Zengo on Ethereum offers seamless access to Web3 and opens the door for anyone who wants to take part in NFT and Defi without the risks of the administration of private keys and the unreliable restoration of wallets. Zengo will shortly support other blockchains with walletconnect.

via Zengo

Zengo is simple and safe Krypto-wallet-app . Download the first web3 money exchange without a seed phrase for baby finish or lose, secured by encrypted biometry. Buy, act and earn up to 8 % interest on your crypto-assets. Connect to NFT & Defi Dapps. Stay Zen with our 24/7 in-app customer support.

contacts

Head of Communication

  • Ari Gore
  • Zengo
  • ari@zengo.com


Source: Crypto-news-flash.com