Poof.io Launches MPC Crypto Wallet API to Streamline Cryptocurrency Transactions
In Brief
Poof introduces an innovative blockchain platform designed to create non-custodial, compliant solutions tailored for cryptocurrency payments and trading activities.
The platform provides broad integration capabilities across multiple blockchains, supported by popular programming languages like Python, C++, and Java.
Poof Payments This upcoming multi-chain MPC Crypto Wallet API, developed by a company specializing in crypto payments and Web3 transactions, aims to simplify the user experience.
The platform is designed to set a new standard in the industry, providing comprehensive blockchain solutions that focus on compliance and non-custodial digital currency exchanges.
Poof's MPC Crypto Wallet API employs cutting-edge Multi-Party Computation (MPC) technology to enhance the security of cryptographic key distribution. This will facilitate decentralized transaction authorizations while steering clear of any single point of failure regarding key management.
Alongside its robust capabilities, the platform also assures extensive integrations across various blockchains, utilizing programming languages like Python, C++, and Java.
The company emphasizes that this dual approach will effectively serve both independent developers and large institutions alike.
Poof's Developer-Friendly Vision with Diverse Currency Support
By supporting transactions with leading cryptocurrencies, the company has positioned its multi-chain MPC wallet as a user-friendly tool. Supported currencies include Bitcoin, XRP, Cosmos, Aptos, Polkadot, Flow, Hedera, Filecoin, Near, IOTA, Solana, Ethereum, and Litecoin.
Poof asserts that the wallet is specifically designed to function seamlessly with Layer-Two networks such as Coinbase’s Base, Optimism, Polygon, Mantle, Arbitrum, and Loopring.
For developers keen on optimizing payment processes, this wallet can be employed to facilitate secure, non-custodial smart contract transactions using tokens like USDC, Tether, Dai, Worldcoin, and the anticipated Paypal USD.
The company's commitment to heightened security is reflected in its approach to fragment cryptographic keys via MPC technology. This innovative method promises institutional-grade custody solutions across diverse platforms, including Bitcoin & Ethereum ETFs and crypto payment processors.
A major advantage of this platform is its developer-centric design. The company indicated that it allows integration with blockchain APIs leveraging languages such as Python, C++, and Java, making the MPC Crypto Wallet versatile for custom cryptocurrency payment setups.
The newly introduced API aims to simplify the process of creating US-compliant crypto wallets, exchanges, and payment gateways, enabling developers to build innovative platforms using their preferred programming languages.
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