Liminal launches ‘Vaults’ Mobile App for Web3 businesses

Customers may quickly and securely approve blockchain transactions and policies using the iOS app

 March 2023 – Leading wallet infrastructure platform Liminal has unveiled Liminal Vaults, a new mobile application that enables crypto-native businesses to conduct safe transactions anywhere while boosting productivity and efficiency.

Liminal Vaults’ safe Multiparty Computation (MPC) technology enables it to move assets fast and securely while assisting enterprises in setting up secure transactions. It is the perfect option for Web3 businesses because users may use the features of the app to add an additional layer of authentication while completing a transaction, giving them total control over their keys and transactions without compromising security.

“We are delighted to launch our iOS app ‘Liminal Vaults’, which empowers our users to approve transactions on the go securely. With the app, we will give users the tools and freedom to make transactions with the assurance of complete privacy and security. In addition, the MPC technology helps store a variety of digital assets with confidence,” Mahin Gupta, Founder of Liminal, said of the launch.

Launching the app is a part of Liminal’s ongoing efforts to offer a constantly evolving and secure platform for autonomous digital asset management, storage, and transfer.

Growth of blockchain adoption in Southeast Asia

Applications made for Web3 or crypto-native businesses demonstrate the blockchain and cryptocurrency industries’ ongoing expansion. In the most recent edition of the 2022 Global Crypto Adoption Index published by blockchain analysis company Chainalysis, countries like Vietnam and the Philippines placed first and second, respectively, out of 146 countries. Southeast Asia is one of the regions driving the cryptocurrency adoption trend.

In the Philippines alone, some 10.9 million Filipinos own cryptocurrencies as of November 2022.

“With the increasing need for a robust infrastructure, it’s imperative for Web3 businesses & exchanges to have control of digital assets at any given time. Our app gives enterprises the power to manage transactions while offering the utmost security of self-custody on the go,” explained Dhruvil Shah, Liminal’s SVP for Technology.

All users will have a seamless and simple experience using the Liminal Vaults App. The process is quick and simple thanks to an intuitive UI, and it includes accessing all of the app’s capabilities after setting up your account and downloading the app.

You can grant your organization’s appropriate team members access to mobile signing through the app. You can also define and approve policies through the app, such as those governing transaction limits and whitelisting addresses.

The iOS app store in Singapore now offers the Liminal Vault app, and it will soon be available in more nations.

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