Protocol offering 2FA on the blockchain unveils even more features for its flagship app

The blockchain trade strikes quick — and this implies it is essential for main protocols to evolve consistent with the newest improvements, maintaining with buyer demand.

Shield Protocol initially launched in February 2021, and its group say they’ve been working tirelessly to supply further utility for customers — boosting its app with much more providers.

The challenge says it’s delivering two-factor authentication on the blockchain for the primary time, and this implies customers can again up and restore their accounts on Binance Sensible Chain, Kucoin Neighborhood Chain, Fantom Opera and Polygon.

For crypto traders, the motivation is easy: they now not have to depend on centralized servers the place there is a threat their private information is being collected.

In a nod to interoperability, Defend Protocol says that it is suitable with main crypto exchanges, to not point out a few of the world’s largest social networks — Fb and Twitter amongst them. It is even doable so as to add 2FA to your Amazon account with this software, stopping your Prime subscription from being misused by fraudsters.

Inside the app, customers can benefit from a multi-chain pockets the place over 10 networks are at present supported, with extra being added frequently. This implies cash may be despatched, acquired and saved in a single place — no matter the blockchain they’re primarily based on.

Diving into NFTs

Defend Protocol’s journey over the previous 18 months hasn’t ended right here, with the group additionally unveiling an NFT assortment that boasts 1,111 ERC-721 tokens.

Often known as Defend Warrior Ape Gang — or SWAG for brief — house owners can get their palms on legendary and distinctive collectibles and even have the potential to earn rewards in the event that they select to stake their NFTs.

SWAG holders even have the prospect to be positioned on a whitelist for subsequent collections and use their NFT to entry instruments and merchandise throughout the Defend ecosystem — making it a passport to a world of alternative.

General, Defend Protocol is much from a one-trick pony — as a substitute, it is always vying so as to add worth, with much more large tech updates within the pipeline. The challenge instructed Cointelegraph that it plans to supply wholesome competitors to rivals within the house by turning into a one-stop-shop for all of a crypto fanatic’s wants.

Massive ambitions

In fact, the worlds of crypto and Web3 have gotten more and more interconnected — and Defend Protocol says it is decided to be a primary mover right here, too.

The challenge is planning to construct a Web3 browser that’ll deliver the entire DApp ecosystem inside its personal app, including one other layer of comfort for customers.

Tremendous apps are more and more in style proper now, giving the whole lot customers want in a single place.

In keeping with Defend Protocol CEO Rahul Sharma, the group is planning to launch extra safety instruments this yr to avoid wasting the customers’ personal information from unauthorized information breaches in crypto in addition to the non-crypto world. So, the group is focusing and researching extra on present safety issues and their options.

And because the platform works to assist crypto lovers safe their on-line accounts utilizing blockchain know-how, it is setting its sights on reaching over 4 billion web customers who’ve logins they should defend — delivering a chic and esthetically pleasing interface that is simple to make use of.

Thus far, its apps on Android and iOS have been downloaded greater than 60,000 instances — and demand is barely set to develop as extra customers start to embrace blockchain know-how.

Defend’s core group members collectively have greater than 15 years of expertise in blockchain, cybersecurity and synthetic intelligence — and its sensible contracts have been verified by means of safety audits carried out by the Callisto Community.

Dozens of milestones have been achieved over the previous 12 months, and on the challenge’s web site, customers can see what’s developing subsequent by means of a complete and easy-to-understand guidelines.

The influence of a hacked Fb account or a compromised crypto pockets may be devastating. However with Defend Protocol, you’ll be able to beef up your safety with blockchain.