Leading regulated digital asset custody provider Liminal, which has operations in the UAE, has unveiled the eagerly anticipated Vaults Android app., billed as a transformative leap in digital asset management for web3 enterprises.
The company said its new app will empower users with seamless oversight of digital assets, enabling on-the-go transaction approvals and collaborative asset management.
The app’s user-friendly interface integrates groundbreaking secure Multiparty Computation (MPC) technology, simplifying transaction approvals, while upholding stringent security standards.
With an extra layer of authentication for each transaction, key control remains uncompromised, making it the preferred choice for Web3 organisations, the company said in a media statement.
The app’s ‘Share Shard’ feature enhances collaborative asset management, enabling secure shard distribution among designated parties, while the ‘Restore Shard via Recovery Zip’ feature ensures effortless recovery of shards in cases of data loss or device transitions, guaranteeing continuous access to valuable digital assets.
Empowering Web3 with Liminal innovations
Dhruvil Shah, SVP of Technology at Liminal, said: “We remain committed to offering a secure and convenient platform tailored to modern businesses and individuals. This app enables secure on-the-go transaction approvals, instilling confidence in managing diverse digital assets seamlessly across devices.”
Liminal said it also introduced the ‘Smart Consolidation’ feature and a new protocol support to empower web3 participants.
“These enhancements bolster Liminal’s mission to bridge the gap between user convenience and robust security, culminating in a comprehensive digital asset management experience,” the company said.
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