15th May 2023: ChainUp, a global blockchain technology service provider has announced the launch of its latest NFT (Non-Fungible Tokens) solution built on MPC (Multi-Party Computation) Technology offering support for multi-main chain NFT asset management, collection, transfer and DeFi (Decentralized Finance) applications.
The solution aims to serve as a reliable bridge between NFTs and Web3 decentralized internet ecosystem based on blockchain technology. NFTs are digital assets built on decentralized & distributed ledger technology finding applications in various fields such as gaming, art and music. In the Web3 era, NFTs have gained significant attention attracting artists, creators, collectors and investors enabling new forms of value exchange and innovation in the digital world.
The NFT solution based on MPC Technology provides services to institutional investors including asset management firms, insurance companies, banks, exchanges, payment and wallet providers. It opens up new business opportunities for entities, enabling them to explore and expand into emerging areas such as digital art and virtual reality, tapping into the vast potential of the NFT space. By offering a wide range of services, our solution supports the transformation from traditional digital assets to NFTs.
When it comes to NFTs, security is of paramount importance. The unique properties of NFTs as digital assets make robust security measures a crucial consideration. MPC Technology is known for its secure multi-party computing capabilities addressing the requirements of asset management security and privacy protection. ChainUp’s NFT solution utilizes advanced security measures including MFA (multi-factor authentication) and risk management providing secure storage & transaction environment for NFT holders. This facilitates a seamless user experience ensuring secure and reliable management of NFT assets.
In addition to its robust security measures, ChainUp’s solution for NFT management also offers users flexibility and choice when it comes to trading. Users can trade their NFT assets with various mainstream cryptocurrencies, including ETH, BTC, and USDT.
"NFTs are emerging strongly as an upstart in the digital asset space," said Sailor, founder and CEO of ChainUp Group. "NFT solutions based on MPC technology will play an increasingly important role in the Web3 era."
