Innovation and Security Amidst a World of Attacks: How Ambisafe Overrides Multi-Sig Wallet Insecurity

The forces of reactivity and innovation are integral to the life of a product. In some cases, it is the innovation upon an issue or problem that was causing trouble for the consumer, which drives development the most. If a product cannot reassure the user that its’ main competencies are capable of performing as they are expected, then eventually the user will just switch products.

Addressing these concerns creates a state of change ergo innovation in product development, and maintains the consumer trust and life of said products, especially in the world of technology when a large portion of the client base often have a level of technical knowledge that tests the structure of a product.

This situation describes what happened to the Parity wallet; a competent user base discovered a flaw in the wallet software, exposing vulnerabilities that led to the loss of vast quantities of Ethereum from large ICO fundraisers. New ICOs could permanently lose access to their funds if they utilize Parity’s services for storing their coins, according to an article published by TechCrunch.

https://coinidol.com/innovation-and-security-amidst-world-of-attacks-how-ambisafe-overrides-multi-sig-wallet-insecurity/

Orderbook.io by Ambisafe is the world’s first authoritative and decentralized response to current cryptocurrency and token sale regulatory concerns. The platform addresses the recent regulatory guidance regarding token sales through an innovative self-regulating token class that enables token issuers manage securities on the Ethereum blockchain.

Orderbook.io has been developed as a one-stop shop for all things cryptos — from storage to TGE participation and trading. The platform’s multi-cryptocurrency supports BTC, Ethereum, ERC20 tokens, Fiat and major altcoins, allowing users to store, send, and receive funds on a single, secure platform instead of juggling multiple wallets. They will also be trade their tokens.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/regulation-aware-protocol-by-orderbook/