Monday, July 15, 2024

Liminal launches ‘Vaults’ Mobile App for Web3 businesses


Liminal launches ‘Vaults’ Mobile App for Web3 businesses

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The iOS app allows customers easy and secure approvals for blockchain transactions and policies on the go.

Leading wallet infrastructure platform Liminal has announced its new mobile application, Liminal Vaults, that allows crypto-native companies to make secure transactions on the go while improving efficiency and productivity.

Powered by its secure Multiparty Computation (MPC) technology, Liminal Vaults helps organizations set up secure transactions while enabling them to move assets quickly and securely. Users can also add an extra layer of authentication by utilizing the app’s features while carrying out a transaction, giving them complete control over their keys and transactions without compromising security, making it an ideal choice for Web3 organizations.

“We are delighted to launch our iOS app ‘Liminal Vaults’, which empowers our users to approve transactions on the go securely. With the app, we will give users the tools and freedom to make transactions with the assurance of complete privacy and security. In addition, the MPC technology helps store a variety of digital assets with confidence,” Mahin Gupta, Founder of Liminal, said of the launch.

The app’s launch is part of Liminal’s continued efforts to provide an ever-learning and secure platform to store, transfer, and manage digital assets independently.

Growth of blockchain adoption in Southeast Asia

Apps intended for crypto-native or Web3 businesses show the continued growth of crypto and blockchain industries. Southeast Asia is one of the regions leading the charge when it comes to crypto adoption with countries like Vietnam and the Philippines placing first and second respectively out of 146 countries in the most recent edition of the 2022 Global Crypto Adoption Index by blockchain analysis firm Chainalysis.

In the Philippines alone, some 10.9 million Filipinos own cryptocurrencies as of November 2022.

“With the increasing need for a robust infrastructure, it’s imperative for Web3 businesses & exchanges to have control of digital assets at any given time. Our app gives enterprises the power to manage transactions while offering the utmost security of self-custody on the go,” explained Dhruvil Shah, Liminal’s SVP for Technology.

Liminal Vaults App is designed to provide a smooth and intuitive experience for all users. From downloading the app to setting up your account and accessing all of its features, the process is quick and effortless with a user-friendly interface. So, whether you are an exchange, HNI, web3 company, treasuries or even an individual who needs to manage digital assets, you can trust Liminal’s simple and seamless onboarding process.

With the app, you can enable mobile signing access for relevant team members in your organization. Using the app, you can also create and approve policies like whitelisting addresses, transaction limits etc.

The Liminal Vault app is now live in Singapore from the iOS app store and will soon be available in more countries.