Crypto transactions are the most evitable aspect in a crypto trading platform. Crypto coins are deposited in the wallets to maintain a secured ecosystem. This can help to have safer processing with ultimate precautions to avoid thefts or any illegal activities. Many technologies arose to nurture the safety of those wallets and Multi party computation is one such technology. We can be the best team to develop your own crypto wallet similar to MPC. With a team of 10+ years experienced blockchain developers, experts in quality checks, enthusiastic business development associates we endure your project with world-class standards. Reliability will be the main attribute in prospering your project.
With the crypto markets showing enormous growth over the years, you should initiate your analysis into these cryptocurrencies. But usually, people overlook the key parts of crypto markets. Is an MPC crypto wallet needed? Why would someone require a military-grade security wallet that uses MPC? Which MPC cryptocurrency wallet development company should you pick? These are the primary concerns that the investors will ask. If you belong to that group, this blog will be beneficial.
What is a cryptocurrency wallet?
A Cryptocurrency wallet is the integral part of trading that communicates with various blockchain networks enabling the users to send, receive, store and track their crypto funds. Through multiple wallet implementations, users can experience safer and faster transactions. Generally, it is a software application that supports different crypto tokens.
Cryptocurrency wallet use cases
Large investors to even small businesses can utilize crypto-wallets in their business strategy and enjoy its benefits. When fully integrated, the crypto wallet can have multipurpose serving enabilities. The use cases of crypto wallet in services like,
- Merchant payment services
- Bill payment for day to day activities
- Automated savings process
- Contactless payments
- Budget planning
- Financial advice
- To get rewards, coupons and discounts
- Shared online accounts for project fund allocation.
What is MPC Wallet?
In the digital asset space, Multi party computation is one of the primary technologies, where the wallet providers are utilizing it to secure crypto assets. Multi party computation imbibes the philosophy in which two or more parties jointly compute an output by combining their individual inputs. The combined computed output could be used for executing transactions on blockchain. MPC implies that private keys of each party are kept confidential.
How does MPC (Multi-Party Computation) work?
MPC enables multiple parties, each holding their own private data to evaluate a computation without ever revealing any of the private data held by each party.The properties that a multi party computation protocol must ensure are:
Privacy: The private information held by the parties cannot be inferred from the execution of the protocol.
Accuracy: If a number of parties within the group decide to share information or deviate from the instructions during the protocol execution, the MPC will not allow them to force the honest parties to output an incorrect result or leak an honest party’s secret information.
Who uses MPC?
Institutional investors, Exchange owners, Token distributors, Defi operators, dApp marketplaces and people use this latest technology.
MPC Wallet as a Service (MaaS):
We provide MPC wallet development services with many features. Depending on your requirements, our team of developers furnishes your MPC wallets. With 10+ years of experience in blockchain technology, we can provide services with high reliability at affordable costs.
Features of MPC Wallet Development
- High-end Protocol
- Military-grade security
- Multi-Crypto Support
- On-Time Conversion Rates Updates
- 3D Biometric Encryption
- 3-Factor Authentication
- ClearSign Firewall
- Effortless Recoverability
- Flexible & Scalable
- Multi-blockchain support
- Quorum Modification
- Hot, Cold & Warm Wallets
- SaaS, Hybrid & On-prem
- And more
Security features we offer in MPC crypto wallet
- Transaction history
- Speedy transactions
- Cross platform compatibility
- Login protocols
- Wallet backups
- Multiple currency integration
- Two factor authentication
- Eliminating fraud transactions.
MPC Crypto wallet business model
Business model of cryptocurrency wallet can be split up into multiple streams depending upon the use case. Most popularly used revenue models are shown below.
1. Transaction Fees: A transaction fee is cut from users for executing transactions and giving storage options in the personal wallet. Transaction fees vary with each wallet and are subject to change.
2. Consultation Fees: Cryptocurrency wallet owners can earn commission for providing consultation services. They guide crypto users on the right investment opportunities like which exchanges are safe to invest. Crypto wallet owners can make a huge amount of earnings through consulting.
3. Staking: Staking is a process of holding crypto assets in a crypto wallet for a certain period of time. It involves locking users’ crypto assets on agreement and rewarding them in the form of interest.
Why Choose Hivelance For MPC Crypto Wallet Development?
Hivelance is the frontrunner in offering crypto-related services. We can proudly state that we are the best MPC-like crypto wallet development company with a team of highly talented professionals. Our developers can develop MPC wallets with ultimate security for the users. We have proven experience of creating and launching crypto wallets that are the storage medium for crypto coins. MPC wallets can offer you the highest safety for interruption-less transactions. Our wallet development services can help you grow in your business with higher profits.
- 10+ years experienced blockchain developers
- 150+ projects delivered
- On-time delivery
- Flexible guidance from experts
- Reliable outcomes
- Best frontend and backend developers
- Round the clock support
Development of White Label MPC Digital Wallets
By acquiring our white-label MPC crypto wallet development solutions, you can make a long-lasting impact in a highly competitive market. We provide start-ups and well-established businesses with top-notch services. Partnering with Hivelance provides numerous advantages, including outstanding performance, ease of use, high-grade security, and unrivalled technical skill sets. With our white label or custom-MPC wallet solutions, Hivelance delivers on its promises and assists you in meeting your business objectives.
Benefits of availing white label MPC crypto wallet development
- Easy to customize source code
- Single handed code operation
- No additional charges
- Tested and verified
- No revenue sharing option
- Space to add future updates.
If you are planning to create your MPC digital wallet, Hivelance can help. We offer customized & bespoked MPC wallet development solutions to effectively cater to diverse business requirements. Whether you need a custom MPC crypto wallet built from scratch or a white label MPC digital wallet, we have you covered.
Hivelance is a prominent MPC wallet development company that can help you create reliable and secure MPC digital wallet software for your next project. Hivelance has a vast year of experience building MPC crypto wallet and integrates cutting-edge security technologies to create and provide super safe MPC wallets. Launch your MPC cryptocurrency wallet by leveraging our knowledge and experience.
We provide a feature-rich white label MPC crypto wallet that has been tested with a large user base on parameters like security, speed, performance, and user experience. View a free demo of our white label MPC wallet or share your needs for a custom MPC digital wallet. Free consultation to discuss your business needs is offered; we are happy to assist you at any time.
Expand Your Business Value with MPC Powered Crypto Wallets
We provide comprehensive MPC crypto wallet development services and help worldwide enterprises launch crypto wallets more easily. We have a plethora of experience and an extensive knowledge of the wallet market. Our aim is to provide clients an exciting MPC wallet experience. We offer white label MPC wallet development solutions to enable businesses quickly build their cryptocurrency wallets since the need for white label MPC wallets is growing rapidly. Additionally, we also create MPC digital wallets that are tailored to your needs and purposes.
Enhance the Wallet Experience by collaborating with Hivelance.
Do you have an interesting project in mind? Want to Start? Contact Us for more details! Or else Feel Free contact our experts via WhatsApp – +918438595928 | Telegram – HiveLance | Email – [email protected]