Kaia Integrates Fireblocks to Enhance Web3 Security

  • Fireblocks improve Kaia blockchain security for institutional users.
  • The alliance improves Web3’s scalability, accessibility, and compliance.

The Kaia DLT Foundation is integrating Fireblocks, the leading enterprise platform for security and scalability, into its Kaia blockchain ecosystem. Businesses will now be able to securely enter the fast-growing Web3 space while meeting global regulations. Founded in 2024 to help develop its Layer 1 blockchain, Kaia aims to make blockchain accessible, transparent, and sustainable for developers and users.

Fireblocks is an enterprise-grade security solution that will help Kaia’s ecosystem partners manage digital assets more efficiently. The integration comes with features like Multi-Party Computation (MPC) wallets and more advanced blockchain payment orchestration. Therefore, the distributed private key management system of Fireblocks will protect Kaia’s dApps with strong security, from on-chain and off-chain threats.

Improving Web3 Security Through Fireblocks Integration

The alliance is set up to serve the interests of institutional users in the needs of advanced digital asset management and encourage the take-up of Web3 technologies within Asia. It will help integrate Fireblocks into Kaia’s deep roots within the region. This integration will make Fireblocks instrumental for the widespread usage of the blockchain.

Amy Zhang, Head of APAC at Fireblocks, pointed out that the integration is a crucial step in equipping institutions with the tools they need to safely scale blockchain operations. The partnership taps into Kaia’s user base of over 250 million users on Kakaotalk and LINE. This will help expand institutions’ adoption into a broader, truly global context for Web3.

According to Dr. Sam Seo, Chairman of the Kaia DLT Foundation, this integration will scale and secure the Kaia ecosystem. He added that Kaia would continue to develop the infrastructures needed by institutions. These infrastructures would help them enter Web3 finance in a much safer manner.

The evolution of blockchain technology is expected to boost the value of Kaia coin. This increase will be proportional to the incorporation of Fireblocks into the network. Improvements in Web3 security and scalability are going to enhance the adoption of decentralized applications.

Kaia will further entrench its role as a central enabler of safe blockchain development for institutional clients while setting up the grounds for broader adoption of blockchain.

Source: https://www.livebitcoinnews.com/kaia-integrates-fireblocks-to-enhance-web3-security/