🪙 Taking a Stake in the Digital Economy of Tomorrow
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.