integration “New DeFi Platform Allows for Native Bitcoin and Ethereum Integration on Sui through dWallet Network”

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The dWallet Network, the pioneer of native decentralized multi-chain technology, has announced a strategic alliance with Mysten Labs, the original contributor to the b3 Infrastructure Company. This partnership will focus on introducing multi-chain integration into the DeFi ecosystem and enable seamless interactions between chains. The collaboration also includes the integration of dWallet’s innovative zkLogin feature, offering a simplified Web2 User Experience for asset management across blockchains like Bitcoin and Ethereum.

The partnership between dWallet Network and Mysten Labs is significant in terms of interoperability of blockchains. It will enable DeFi initiatives to include native BTC/ETH transactions and promote collaboration within the ecosystem. The dWallet Network has developed a 2PC-MPC protocol that allows for the generation of ECDSA signatures in a non-collusive manner, ensuring security and participation from both end-users and nodes.

Omer Sadika, Co-Founder of dWallet Network, expressed his excitement about the partnership and its potential for a seamless, multi-chain future. The collaboration also includes hosting the Overflow hackathon by the Sui Foundation, showcasing their commitment to innovation and community involvement.

Evan Cheng, CEO and co-founder of Mysten Labs, also emphasized the importance of interoperability in blockchain applications and the potential for creating a multichain future together with dWallet Network.

The strategic alliance between Mysten Labs and dWallet Network promises unprecedented flexibility, efficiency, and security for the DeFi platform and gaming. It will accelerate adoption and catalyze new innovation while providing users with richer blockchain experiences. For press inquiries, please contact [email protected] and [email protected]

About Mysten Labs

Mysten Labs is a team of experts in distributed systems, cryptography, and programming languages, founded by former executives and architects of pioneering blockchain projects. Their mission is to create foundational infrastructure for web3.

About Sui

Sui is a layer one blockchain platform and smart contracts designed to make digital asset ownership fast, private, and secure for everyone. Its unique model based on object-centricity and the Move programming language enables parallel execution and sub-second finality, allowing for rich on-chain assets. With scalable processing and storage, Sui supports a variety of applications at unparalleled speed and low cost, making it a platform for creators and programmers to create user-friendly, amazing experiences.

About dWallet Network

dWallet Network is the home of dWallets – programmable and transferable signing mechanisms that live on-chain. With dWallets, builders on L1s and L2s can manage assets and enforce logic across all of Web3 in a decentralized and non-collusive manner.

Contact:

Marketing Lead
Siva Sagiraju
dWallet Network
[email protected]

The dWallet Network, a pioneer in native decentralized multi-chain technology, has formed a strategic alliance with Mysten Labs, the original contributor to the b3 Infrastructure Company. This partnership aims to introduce multi-chain integration to the DeFi ecosystem and enable seamless interactions between chains. Additionally, dWallet’s innovative zkLogin feature, which simplifies Web2 User Experience for asset management across blockchains like Bitcoin and Ethereum, will be integrated.

This partnership has a significant impact on blockchain interoperability and will allow DeFi initiatives to include native BTC/ETH transactions. It also promotes collaboration within the ecosystem. The dWallet Network has developed a 2PC-MPC protocol, the industry’s first multiparty protocol, which enables the generation of ECDSA signatures in a non-collusive manner. This ensures security and participation from end-users and nodes.

Omer Sadika, Co-Founder of dWallet Network, expressed excitement about the partnership and its potential for a seamless, multi-chain future. The collaboration also includes hosting the Overflow hackathon by the Sui Foundation, showcasing their commitment to innovation and community involvement.

Evan Cheng, CEO, and co-founder of Mysten Labs, emphasized the importance of interoperability in blockchain applications and the potential for creating a multichain future in collaboration with dWallet Network.

The strategic alliance between Mysten Labs and dWallet Network promises unprecedented flexibility, efficiency, and security for the DeFi platform and gaming. It will accelerate adoption and catalyze new innovation, providing users with richer blockchain experiences. For press inquiries, please contact [email protected] and [email protected]

About Mysten Labs:
Mysten Labs is a team of experts in distributed systems, cryptography, and programming languages, founded by former executives and architects of pioneering blockchain projects. Their mission is to create foundational infrastructure for web3.

About Sui:
Sui is a layer one blockchain platform and smart contracts designed to make digital asset ownership fast, private, and secure for everyone. Its unique model based on object-centricity and the Move programming language enables parallel execution and sub-second finality, allowing for rich on-chain assets. With scalable processing and storage, Sui supports a variety of applications at unparalleled speed and low cost, making it a platform for creators and programmers to create user-friendly, amazing experiences.

About dWallet Network:
dWallet Network is the home of dWallets – programmable and transferable signing mechanisms that live on-chain. With dWallets, builders on L1s and L2s can manage assets and enforce logic across all of Web3 in a decentralized and non-collusive manner.

Contact:
Marketing Lead
Siva Sagiraju
dWallet Network
[email protected]

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