Masaya kami na ibahagi na we are partners with the award-winning provider ng digital asset at crypto technology, Fireblocks. Integrating Fireblocks’ custody management into the Coins.ph’s platform ay makakatulong sa amin to maximize users' security in crypto operations at storage.
Gamit ang panibagong MPC-based solutions ng Fireblocks, mas napabuti namin ang security, efficiency, at flexibility ng transactions at exchanges ng digital assets sa Coins.ph platform at mababaan ang operational costs while the company grows. MPC-CMP is blockchain agnostic, which allows us to add support for blockchains like Ronin, Solana, Avalanche, Polygon, and more to keep up with the dynamic and fast-paced industry.
"This integration is an important step for the development of our ecosystem," said Wei Zhou, CEO of Coins.ph. "We will be able to scale our platform much faster without having to manage intensive crypto operations, allowing us to rapidly access new opportunities in the market. Fireblocks is a highly renowned and reliable partner, and together we will provide unparalleled security for our users, improve service quality, and streamline crypto transactions on our platform."
"When it comes to working alongside our crypto exchange partners, our goal is to help drive trading volume without sacrificing security or operational efficiency," said Michael Shaulov, CEO and Co-Founder of Fireblocks. "Coins.ph is a crypto industry leader in the Philippines with plans to expand its Web3 offerings. We are thrilled to be able to support their rapid growth with our battle-tested security platform."
Fireblocks combines their latest algorithm, MPC-CMP, with hardware isolation to create multi-layer security that eliminates single points of compromise and insulates digital assets from cyber-attacks, operational risks, and human error. Fireblocks' MPC-CMP ay nagpapabuti ng industry protocol sa pamamagitan ng enhanced security at 8x faster transaction signing speed, bilang isang round ng transaction signing ang kailangan.
Maliban sa hotkey signing mechanisms, MPC-CMP ay sumusuporta ng transaction signing from cold wallets with at least one key share stored offline in an air-gapped device, expanding the configuration possibilities of MPC-based wallets and allowing another layer of security.
For more information about Coins.ph, visit https://coins.ph and follow us on Facebook, Twitter, and Instagram.
About Coins.ph
Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has more than 16 million users. Through the easy-to-use mobile app, users can buy and sell a variety of cryptocurrencies and access a wide range of financial services. Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas and is the first crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from the central bank.
Para sa English version ng press release, click here.
