Chains.com taps Fireblocks battle-tested security answers to provide protection against cyberattacks while maintaining regulatory compliance
Tel Aviv, September 2022 Chains.com, a developer of a collection of interconnected cryptocurrency and NFT products for retail users and SMBs,incorporates a suite of award-winning digital-asset custody, transfer, and settlement technology fromFireblocksto implement the best degree of security protocols and protect customers digital assets via its secure wallet infrastructure in addition to its treasury and funds. Furthermore, Fireblocks will support Chains.coms native token, $CHA, rendering it available globally to institutional users through the Fireblocks Network.
While digital asset exchanges remainvunerable to hackersand scammers, many traditional institutions lack the correct infrastructure to control custody of digital assets, leaving them susceptible to cyberattacks.
Fireblockss multi-layer technology that combines MPC cryptography with hardware insolation prevents cyber-attacks, internal collusion, and human error. Within the integration, Fireblocks provides institutional wallet infrastructure for Chains.com users to make sure that assets are protected from external threat vectors.
Chains.com delivers a roster of interconnected,user-friendlyproducts about the same multi-chain platform. The project alreadyboasts 500,000 new users in over 100 countriesand isdesigned to permit users toparticipate in blockchain-based products (CeFi, NFT, and DeFi)without needing to understand the underlying technologies.Withover 60 thousand users deciding on its $CHA token whitelist through the presale phase, token holders reap the benefits of increased referral rewards, fee rebates, discounts on token sales, and also exclusive staking-based usage of features and events occurring on the platform.
At Chains, we constantly seek to improve our users experience while creating a world-class stack of in-house and partner solutions, saysAndersonMccutcheon, Founder and CEO of Chains.com. As crypto-related cyber attacks continue steadily to threaten the safety of users assets,Fireblocks delivers probably the most secure and reliable treasury and user account management solution available today.
Like Chains, Fireblocks is focused on providing a straightforward and foolproof experience for users seeking to connect to crypto and Web3, says Jonathan Dakin, Head of EMEA at Fireblocks. We have been glad to possess Chains become a part of the Fireblocks Network and support Chains in its mission to bridge the gap between CeFi and DeFi. We have been thrilled to work alongside the highly-experienced team behind Chains and provide their users reassurance through top-notch custody technology.