Bitcoin Wallet Provider Airbitz Brings Private Key Security for DAOs

Airbitz, a Bitcoin wallet provider and creator of the Edge Security SDK, and WINGS, a decentralized platform to create DAOs, have joined together to enable a new generation of more secure DAOs for Bitcoin and other blockchains. The partnership deal provides WINGS with Airbitz's solution to make the private key management of DAO participants more streamlined and safe.

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Decentralized Autonomous Organizations (DAOs) are an organizational concept that allows for trustless contracts between distributed participants. WINGS combines the DAO concept with decision-making using decentralized forecast markets, while making this accessible to anyone with a smart phone.

San Diego based Airbitz allows users to securely access a multi-Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term world using a single sign-on while retaining control over their private keys and authentication. Developers can now Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the Airbitz's open-source SDK for their decentralized apps (dApps), instead of having to create their own security solutions from scratch.

“We’re excited to partner with Airbitz and offer this to the WINGS DAO community,” said Boris Povod, WINGS Core Developer. “Airbitz lets people easily interact with DAOs using stored encrypted private keys, and anyone can login simply with a username/password.”

“WINGS, much like Airbitz, is committed to delivering a user-friendly experience for people interested in using blockchain assets in their applications,” said Airbitz CEO Paul Puey. “Our partnership with WINGS will make interacting with the next generation of DAOs a seamless and accessible experience. We’re proud to add WINGS to the growing list of premier blockchain apps powered by Airbitz Edge Security.”