Thu, November 28

dWallet Network Rebrands to Pera, Revolutionizing Zero Trust Protocols in Web3

dWallet Network Rebrands to Pera, Revolutionizing Zero Trust Protocols in Web3 Market News

dWallet Network rebranded to Pera yesterday. The project’s growth and emphasis on expediting developer access to Zero Trust Protocols (ZTPs) are reflected in the new name.

The platform’s primary purpose of securely maintaining digital assets across many networks is still unaltered, and the dWallet primitive continues to be the fundamental building element that enables Zero Trust Protocols to perform flawlessly across several blockchains.

Omer Sadika, co-founder of Pera said:

“Pera is more committed than ever to delivering innovative solutions that address the most pressing challenges in Web3. We look forward to building and expanding our platform as we move towards our mainnet launch, setting new standards in decentralized technology. Stay tuned for exciting updates in the upcoming weeks!”

There is no comparable solution in the Web3 arena to Zero Trust Protocols (ZTPs), a novel way to connect across networks of which the issues of sovereignty and honeypots are both symptoms. The dWallet, a cutting-edge cryptographic primitive at the heart of ZTPs, applies logic to user-generated signatures for transactions across any chain. Builders may use dWallets to develop Zero Trust Protocols (ZTPs) that function flawlessly across various chains while preserving Zero Trust principles.

Enforced by cryptographical scheme, user involvement is cryptographically enforced, and a dWallet’s logic is powered by the ZTP and carried out by a ⅔ threshold of the massively decentralized Pera. The unique 2PC-MPC cryptographic scheme was developed by Pera’s team.

Decentralized custody, native staking and restaking, native multi-chain lending, native atomic swaps, AI agents guardrails, RWAs, and many more applications are among the use cases for Pera.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.