Thomas Daniels

Published On: 08/06/2024
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Aptos Partners with Ignition AI Accelerator to Propel APAC AI Startups
By Published On: 08/06/2024
Aptos

Aptos, a leading layer-1 blockchain, has integrated dWallet to enhance multi-chain interoperability for DeFi and Web3 gaming applications. This collaboration introduces Zero Trust Protocols (ZTPs) to the Aptos ecosystem, enabling seamless transactions across Bitcoin (BTC) and Ethereum (ETH) without bridging or token wrapping.

The integration of dWallet’s technology into Aptos aims to simplify the user experience in decentralized finance (DeFi) and Web3 gaming by leveraging advanced multi-chain capabilities. Co-founder of dWallet Network, Omer Sadika, emphasized that this partnership facilitates native BTC and ETH transactions directly on Aptos, eliminating the complexities traditionally associated with cross-chain activities.

“Expanding dWallet’s technological stack to Aptos is a significant step towards broadening the horizons for DeFi and gaming,” Sadika remarked, highlighting the integration’s potential to drive the adoption of a multi-chain ecosystem. dWallet’s cryptographic 2PC-MPC (Two-Party Computation-Multi-Party Computation) model is designed to incentivize on-chain participation from both end-users and validators, thereby promoting greater involvement in the DeFi landscape.

Professor Benny Pinkas, a researcher at Aptos, praised the partnership, noting its potential to empower developers within the Aptos network to create ZTPs that operate securely across Web3. “This collaboration represents a forward-thinking move for the Aptos network, enabling cryptographically secure multi-chain operability,” Pinkas stated.

Since its launch in October 2022, Aptos has distinguished itself as a non-Ethereum Virtual Machine-compatible layer-1 blockchain, known for its rapid, low-cost transactions and energy efficiency due to its proof-of-stake consensus mechanism. This integration with dWallet further enhances Aptos’s capabilities, positioning it as a pivotal player in the evolving multi-chain landscape.

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