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OpenBlock

OpenBlock

Launch Q4 2022! No seed-phrase. No private key. Enjoy seamless Web 3.0 experience at OpenBlock MPC Wallet.

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openblock.com
Is a
Organization
Organization
Company
Company
Cryptocurrency
Cryptocurrency
Product
Product

Company attributes

Industry
Cryptocurrency wallet
Cryptocurrency wallet
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
Blockchain
Blockchain
Web3
Web3
Number of Employees (Ranges)
51 – 2000

Other attributes

Medium URL
medium.com/@Openblockwallet

OpenBlock algorithmically generates one MPC Unit, on-premise for each party: the user, the server, and the cold storage. The three MPC Units are fundamentally different, and, by OpenBlock's technological design, any two can interchangeably parse with each other. When the user logs into OpenBlock on a device storing a validated MPC Unit, the server prompts the user to validate his identity for the server's MPC Unit. With both MPC Units now present, the MPC algorithm parses them to unlock the wallet and sign a signature.

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