Kaia DLT Foundation has integrated Fireblocks into its blockchain ecosystem to enhance security and operational efficiency, providing institutional users with secure, scalable solutions for managing digital assets and accelerating blockchain adoption.
Kaia DLT Foundation, the non-profit organization behind the growth of the Kaia public blockchain, has announced its integration with Fireblocks, a leading enterprise platform designed to manage digital asset operations and foster innovative blockchain businesses. The integration aims to improve the security and operational efficiency of the Kaia ecosystem.
With a comprehensive infrastructure that is set to accelerate the adoption of blockchain solutions among institutions, Fireblocks is looking to offer secure, scalable and accessible technologies. Being a recognized entity in digital asset security, Fireblocks is bringing on board its Multi-Party Computation (MPC) wallet technology as well as its distributed private key management. Collectively, the two will provide end-to-end security which will in turn reduce the risks associated with both on-chain and off-chain threats.
This integration is expected to enhance Kaia’s capability to meet the complex needs of institutional users as it will facilitate the smooth creation of MPC wallets at scale and also the orchestration of blockchain payments. On top of that, Fireblocks’ Application Programming Interface (API) solutions will give developers the empowerment they need to build secure Web3 products without compromising on security, in turn being in support of a rapid and safe transition into the Kaia ecosystem for institutions.
Amy Zhang, Head of APAC at Fireblocks highlighted the significance of this partnership in her comment by saying, “The integration of Fireblocks into the Kaia blockchain ecosystem is a testament to our commitment to equip institutions with the tools they need to adopt blockchain technology securely and seamlessly. By leveraging our market-leading MPC technology and battle-tested platform, Kaia’s ecosystem partners can confidently scale their operations while mitigating risks, bringing Web3 to millions of users across Asia.”
Dr. Sam Seo, Chairman of Kaia DLT Foundation, was also not left behind as he commented, “The collaboration with Fireblocks is a significant step forward for enhancing the scalability and security of the Kaia blockchain ecosystem. In addition to the enhanced security, Fireblocks’ solutions ensure efficient access to global compliance solutions. Kaia will continue to identify and build on excellent infrastructures customized for institutions, helping them approach Web3 finance more easily and safely.”
With this partnership, Kaia’s mission has hit a pivotal point in its advancement as it continues to drive the mainstream adoption of blockchain. By incorporating Fireblocks’ technology, Kaia is on a move to offer its institutional partners the secure, efficient, and scalable framework that is needed to foster a robust blockchain ecosystem
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.