Crypto tech platform Fireblocks unveils new ‘Web3 Engine’ with suite of developer tools » CryptoNinjas

Fireblocks, a blockchain infrastructure & crypto tech provider, announced today the launch of a new, dedicated ‘Web3 Engine’ with a suite of tools for developers to build DeFi, GameFi, and NFT products.

Also, Fireblocks’ new web3 engine allows developers to easily build dApps on top of Fireblocks’ tech stack or securely access the full range of existing web3 apps.

“As we already provide a secure platform and a suite of dev tools for businesses to build digital assets and crypto businesses, unlocking access to web3 was an important next step. Now, with a fully tailored experience for connecting to web3, we aim to accelerate the launch of a new wave of super apps.” 
– Michael Shaulov, CEO of FIreblocks

In order to interact with web3 applications, users have to connect to these websites via a crypto wallet. Any mismanagement of private keys will create a security risk that could put billions of dollars of user or investor funds at risk.

As the emerging sector becomes a more appealing target for hackers, Fireblocks is enabling the next generation of web3 companies like Animoca, Stardust, MoonPay, Xternity Games, Griffin Gaming, Wirex, Celsius, and Utopian Labs with the ability to provide the highest level of protection against human error and malicious attacks by hackers.

For gaming studios, NFT services, and institutions planning to build web3 products, Fireblocks provides a comprehensive and secure suite of web3 solutions.

The new Fireblocks’ Web3 Engine includes: 

  • Web3 custody technology for powering the creation and direct custody of millions of end-user wallets.
  • Connectivity across 35+ blockchain networks like OpenSea, Rarible, Uniswap, Aave Arc, dYdX, and secure access to top dApps directly from the Fireblocks console.
  • A tokenization engine to manage the full lifecycle for whitelisting, minting, burning, and token transfers, including NFT and gaming assets from top blockchains with EVM and non-EVM compatibilities.
  • Rest API and SDKs to access all of Fireblocks’ features via an easy-to-use code library with detailed documentation.
  • Treasury management for secure storage, transfer, and yield opportunities.
  • Advanced policy control to web3 access and transactions to set amount limits for transfers for any smart contracts to better manage risk.


Source link

Related Posts Signs a Pre-Registration Undertaking with OSC in Canada

One of the largest digital asset trading platforms, recently confirmed that the Ontario Securities Commission (OSC) has granted the company a pre-registration undertaking for operations in…

Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation

Singapore-based crypto lending platform Hodlnaut is seeking judicial management to manage its ongoing liquidity crisis and avoid the forced liquidation of assets in the current bear market….

JPMorgan Boss Jamie Dimon Warns ‘Something Worse’ Than a Recession Could Be Coming

JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive…

Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH

After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent…

Blue chip NFT performance fails recovery, but investors HODL even harder

The market performance of blue chip nonfungible tokens (NFTs), often considered a good long-term investment, revisited its all-time low range for the second time since June 2022…

‘Durmientes’ Aims to Be One of the First Films Funded Fully With NFT Sales in Latam – News Bitcoin News

“Durmientes,” a new movie that will be directed by Gibran Bazan, a Mexican filmmaker, aims to be funded fully by the sale of a series of non-fungible…

Leave a Reply

Your email address will not be published.