Every transaction that takes place in Qredo is immutably recorded on our Layer 2 Qredo Network, allowing seamless interoperability across numerous blockchains
Qredo secures digital assets using dMPC, distributing shards of private keys between network nodes. Our dMPC nodes sign transactions collectively without ever recreating a private key in one geographic location, greatly reducing risks such as private key theft or loss.
Qredo Network is a Layer 2 blockchain that acts as an asset registry, recording the ownership of assets secured by our dMPC. This secures the signing process through distributed consensus, and enables assets to be passed instantly between underlying blockchains.
Qredo Network is interoperable with some of the biggest blockchains in the world: Bitcoin, Ethereum, Cardano, Algorand, Solana, Binance Smart Chain and Polkadot.
HOW WE COMPARE
Unlike other MPC solutions, Qredo does not store sensitive private key material or record asset ownership on vulnerable databases.
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