LONDON 22 November 2023 – Coincover, the blockchain protection company, has joined forces with Utila, a cutting-edge enterprise-grade crypto operations platform. This strategic partnership brings together Coincover’s renowned protection solutions and Utila’s secure, non-custodial wallet infrastructure. The Utila platform provides a comprehensive and user-friendly approach to crypto asset management, with personalised wallet infrastructure that simplifies day-to-day crypto management for institutions. The new partnership with Coincover offers a new MPC (Multi-Party Computation) solution that aims to simplify institutional access to crypto. Utila customers will have access to Coincover’s third-party recovery technology.
In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital
What are the problems that users are facing when it comes to migrating from web2 to web3? In short, users can not find a proper wallet as the entry point to Web3 because the current wallets are complicated to use and hard to keep safe like EOA wallets, or easy- to-use but have central risks like exchange wallets. Also, for projects which want to transition from Web2 to Web3, they do not have tools to easily connect to Web3 APIs and deploy smart contracts To enter Web3, users would need