ChainUp launches – NFT solution based on MPC technology

ChainUp launches – NFT solution based on MPC technology


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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 that offers 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 the Web3 decentralized internet ecosystem based on blockchain technology. NFTs are digital assets built on decentralized and distributed ledger technology that find applications in various fields such as gaming, art and music. In the Web3 era, NFTs have gained significant attention and are 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, allowing them to explore and expand into new 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 utmost importance. The unique characteristics of NFTs as digital assets make robust security measures a critical consideration. MPC technology is known for its secure multi-party computing capabilities that meet security and privacy requirements. ChainUp’s NFT solution uses advanced security measures, including MFA (multi-factor authentication) and risk management that provide a secure storage and transaction environment for NFT holders. This enables a seamless user experience that ensures secure and reliable management of NFT resources.

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In addition to its robust security measures, ChainUp’s NFT management solution 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.”

About ChainUp Group

Founded in 2017, ChainUp is a leading provider of end-to-end blockchain technology solutions covering infrastructure development and ecosystem support. ChainUp’s innovative and versatile compatible solutions, built on the mission of empowering businesses through blockchain technology, include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions and custody and management of digital assets. Headquartered in Singapore and with offices worldwide, the company has served more than 1,000 customers in 30 countries, reaching over 60 million end users.

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