🪙 Taking a Stake in the Digital Economy of Tomorrow

Qredo and how it helps users manage their web3 portfolio in a secure and efficient way

🪙 Taking a Stake in the Digital Economy of Tomorrow
Photo by Tech Daily / Unsplash

Today's Highlights

  • Qredo - Introducing decentralized custody.
  • This Week On BuzzBelow - a recap on this week's topics.
  • In Other News - a few interesting developments we're tracking.

Qredo - making digital asset portfolio management fast and secure

Qredo is an infrastructure blockchain that delivers interoperability, lightning-fast settlement, and decentralized custody. Qredo introduces the concept of decentralized custody, turning the blockchain into a vault, unlocking several benefits that solve real-world problems.

Qredo Wallet is a web application that makes digital asset portfolio management fast and secure. It delivers institutional grade secure crypto storage and supports instant peer-to-peer transfers, and cross-chain swaps. Built to scale, the Qredo Wallet allows you to control access to digital assets across trusted parties, teams or organizations using simple but powerful roles and access rights.

With Funds, the Qredo Wallet allows the user to manage collections of digital assets for example as a trading account, customize the governance rules, and monitor transaction activity. With Qredo Wallet, the user gets 100% visibility over your transactions.

One of the main concerns with crypto assets is their storage of the private key. With Qredo Wallet, the private keys aren’t generated to begin with. Instead, Qredo uses the MPC architecture. The MPC network signs and validates transactions in a way that replaces the need for individual private keys.

Qredo is a wallet that’s actually an ecosystem. The users can safely move their assets from one fund to another and from user, to Organization, to other users. This all entails minimal fees, measly, compared to regular transaction fees.

Anthony Foy is the co-founder and CEO of Qredo. Qredo has raised a total of $108.5M in funding.


This Week on BuzzBelow

🎵 Letting Fans Invest in Musical Artists
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💰 Blockchain in Customer Loyalty
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🖼 Digital mementos
How POAPs can safely digitize all physical certifications
☕️ How it Works: Starbucks Odyssey
Explaining Starbuck’s venture into blockchain

In Other News

The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain
The historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits.
Climate group launches new campaign against Bitcoin mining
Climate groups want Bitcoin to follow Ethereum into switching from Proof-of-Work to Proof-of-Stake consensus mechanism. The groups have announced a new $1 million ad campaign targeted at pressuring Bitcoin and companies like Fidelity, PayPal and Jack Dorsey’s Block to help push the agenda. Bitcoiner…
ETH Exchange Balance Hits 5-Month High
Ethereum (ETH) network has witnessed a sharp jump in overall activity during the past few days amid the last stage of its much-awaited network update. On 15 September 2022, the Ethereum Merge went live as Vitalik Buterin, the Co-Founder of ETH, confirmed the development in a Tweet. Take Advantage of…

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