Polymath is proud to announce the integration of Web3Auth for its Multi-Party Computation (MPC) wallets. This groundbreaking integration eliminates the need for end users to manage private keys, seed phrases, or gas fees, thereby setting a new standard in the security token market by emphasizing both ease of use and self-custody.
Simplifying User Experience and Enhancing Security
Integrating Web3Auth MPC wallets into the Polymath Capital Platform is designed to simplify the user experience while maintaining the highest levels of security and enabling self-custody. Users no longer need to worry about the complexities of private keys or seed phrases, as Web3Auth provides a seamless, secure authentication process that enhances both usability and protection of assets.
Eliminating Gas Fees
In addition to simplifying authentication, Web3Auth integration removes the burden of gas fees for end users. This innovation significantly reduces transaction costs and barriers to entry, making it easier and more cost-effective for users to participate in the security token ecosystem.
Quotes from Leadership
"We are excited to integrate Web3Auth into our Polymath Capital Platform, providing our users with a more secure, user-friendly experience," said Vince Kadar, Chief Executive Officer of Polymath. "By eliminating the need for private keys, seed phrases, and gas fees, we are setting a new standard for user experience, self-custody, and accessibility in the security token market."
About Polymath
Polymath simplifies the complex challenges of creating and managing security tokens. With a focus on regulatory compliance, Polymath's technology provides a comprehensive platform for issuers, enabling the creation, issuance, and management of security tokens in a secure and compliant manner. For more information, visit www.polymath.network.
About Web3Auth
Web3Auth is a leading provider of authentication solutions for digital assets, specializing in simplifying and securing user access to blockchain-based applications. Through innovative technologies, Web3Auth enhances the user experience while maintaining stringent security standards. For more information, visit www.web3auth.com.