dWallet Network Introduces MultiChain DeFi and Gaming Trust Protocols to Aptos
dWallet Network, a groundbreaking multi-chain technology firm, has revealed its expansion to Aptos, a prominent Layer-1 blockchain recognized for its speed and security, according to the most recent updates shared with Finbold on June 7th.
The integration’s goal is to introduce Zero Trust Protocols (ZTPs) and seamless multi-chain interoperability to Aptos’ decentralized finance (DeFi) and gaming ecosystems. By utilizing dWallet’s innovative Zero Trust architecture, ZTPs on Aptos will have the capability to conduct transactions on Bitcoin (BTC), Ethereum (ETH), and other blockchains.
Aptos is renowned for its high-throughput, low-latency blockchain that utilizes the Move smart contract language to establish a sturdy foundation for creating advanced applications with minimal gas fees. With the integration of the dWallet Network, developers will have the necessary tools to create ZTPs with decentralized, non-collusive dWallets, facilitating effortless multi-chain interactions across Web3.
This development is especially beneficial for DeFi projects on Aptos as it permits native BTC and ETH transactions. Furthermore, dWallet Network’s technology introduces a fundamental building block that enables asset control and enforces logic across any network. dWallet-generated signatures are virtually indistinguishable from regular user signatures, even on non-smart contract networks like Bitcoin, enabling the creation of ZTPs that operate across networks without the need for bridging or wrapping, thereby upholding the principles of decentralization.
To implement the dWallet’s Zero Trust primitive, dWallet Network utilizes a cutting-edge threshold protocol known as 2PC-MPC. This protocol allows for the generation of an ECDSA signature that necessitates participation from both the end-user and numerous validators, potentially numbering in the hundreds or thousands. Professor Benny Pinkas, a researcher at Aptos, commended the protocol, stating: “The dWallet team’s pioneering cryptography research has introduced the innovative 2PC-MPC protocol, enabling multi-chain Zero Trust. I am thrilled about developers in the Aptos ecosystem having the ability to develop ZTPs that seamlessly operate across all of Web3 in a cryptographically secure manner.”
Omer Sadika, Co-Founder of dWallet Network, expressed his excitement about the expansion to Aptos, saying: “We are thrilled to introduce our decentralized, non-collusive dWallet building block to the fast and secure Aptos blockchain to enable ZTPs. This move broadens horizons for DeFi and gaming protocols within the Aptos ecosystem, representing a significant step towards realizing our vision of a seamless, Zero Trust, and multi-chain future.”
The introduction of dWallet Network to Aptos signifies a major milestone, promising to enhance flexibility, security, and interoperability in multi-chain DeFi and gaming. This integration is poised to drive innovation and expedite adoption, offering developers new prospects and granting users a more enriched blockchain experience.