This newly released suite of developer tools will allow anyone to create a robust cross-chain wallet using the Krayon WaaS API. Their platform equips blockchain developers with a fully customizable governance layer and scalable MPC resources.
More details can be found at https://www.krayondigital.com/blog/wallet-as-a-service
Third-party developers who use the new Krayon toolkit are granted a wide array of tracking and security capabilities operating under their protocol. The WaaS API can be used to safe custody digital assets, reconcile transactions, aggregate trading across multiple exchanges, or implement mass crypto payments for all connected wallets.
Krayon Digital has built this platform to consolidate and streamline a number of features which historically have been siloed. Their MPC-based WaaS allows third-party developers to create wallets with institutional grade custody for everyone.
The platform also provides users with the same crypto-to-fiat exchange tools that larger custodial platforms host, but in a more streamlined and scalable package. Their fiat on/off ramp accepts transactions from 160 countries sourcing the best available pricing from 12 different international exchanges.
MPC nodes are available at three different levels of host control, depending on the size of the intended user base and available hardware on the developer’s end.
Nodes can be hosted completely on the Krayon server, with transactional control remaining with the developer. For developers who require more direct custodial monitoring capabilities, though, Krayon also offers full on-premise control options, as well as a hybrid option that blends the two control schemes.
By virtue of its MPC-based protocol structure, Krayon is blockchain-neutral and can be adapted to any desired network. Their service does however include integration capabilities to integrate over 60 blockchains into a single wallet through their scalable API.
Developers can whitelist contracts at the API level enabling them to build business wallets on top of the Krayon WaaS API. On top of this intrinsic property of the toolkit, they have also included administrator and custodial controls for added security.
Interested parties can find out more at https://www.krayondigital.com/blog/wallet-as-a-service
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
160 Robinson Rd, #14-04 SBF Center
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Buzz Illustrated journalist was involved in the writing and production of this article.