Crypto custody service and enterprise platform, Unido, has announced its partnership with LGCY, an open-source blockchain protocol. Users of the LGCY enterprise client will benefit from Unido’s secure multi-signature wallet technology. The pairing is set to welcome an incoming wave of institutional investors who are resorting to blockchain and cryptocurrencies amid current inflation worries.
LGCY is a fork of the TRON network that uses a Delegated Proof-of-Stake consensus algorithm for better scalability. It will now feature a white-label version of Unido’s wallet where users can store their tokens securely. The network’s growing community of developers will also make use of Unido’s Core API to build decentralized applications designed for enterprise solutions.
Through this strategic partnership LGCY will become a better option for the growing market of crypto-native enterprises. These companies are already looking for solutions that provide all-in-one services that include custody as well as interoperability with today’s leading DeFi applications. On the other hand, Unido will count on a new user base through LGCY’s use of its API services.
Both teams commented on the partnership:
“LGCY and UNIDO are excited to announce that both platforms will be working together to deliver the security of the Unido EP multi sig platform to LGCY enterprise clients users. The integration of the LGCY blockchain into the Unido platform will be completed as LGCY approaches mainnet launch.”
Unido is a crypto asset custody service and enterprise platform that provides features for the management and investment of crypto assets on-chain. It relies on a patent-pending private key obfuscation algorithm for security and offers services that are compatible with other popular blockchain networks. Unido’s features include a business banking portal as well as DeFi Vault.
LGCY is a Delegated Proof of Stake fork of the TRON blockchain that seeks to solve current scalability issues in popular blockchains and deliver on the promise of a truly decentralized blockchain. The platform counts on a fast-growing developer community.
The above review statements are those of the sponsor (Source of content) and do not necessarily reflect the official policy, position or views of the content publisher. The content distribution company is therefore not responsible for the content and its authenticity and legal standing of the above subject matter. Each individual is required to exercise its content when making a purchase from the above offer. The information does not constitute advice or an offer to buy. Any purchase made from the above press release is made at your own risk. Editorial merit of this content is subject to news publisher and its downstream partners. Consult an expert advisor/health and professional advisor before any such purchase. Any purchase made from this link is subject to the final terms and conditions of the website's selling as mentioned in the above as source. The content publisher and its downstream distribution partners do not take any responsibility directly or indirectly. If you have any complaints or copyright issues related to this article, kindly contact the company this news is about.
DISCLAIMER of Liability. IN NO EVENT SHALL OUR PR COMPANY BE LIABLE OR RESPONSIBLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES OF ANY KIND, INCLUDING WITHOUT LIMITATION, LOST PROFITS OR LOST OPPORTUNITIES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE AND REGARDLESS OF THE CAUSE OF ACTION UPON WHICH ANY SUCH CLAIM IS BASED, INCLUDING, WITHOUT LIMITATION, ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH ANY OF THE CONTENT, INCLUDING, WITHOUT LIMITATION, AUDIO, PHOTOGRAPHS, AND VIDEOS, OR OF THE ACCURACY, RELIABILITY, OR LEGALITY OF ANY STATEMENT MADE IN OR OMITTED FROM ANY advertisement, sponsorship, endorsement, testimonial, opinion, or other product-related or service-related statement or review appearing in the Websites or in ANY post or article distributed via the Websites.
Release ID: 16971