Kana Labs and WEPIN Wallet Forge Strategic Partnership to Revolutionize Corporate Web 3 Services
IoTrust’s Wepin Wallet integrates Kana Labs Mirai SDK to simplify Web 3 services for corporate users by abstracting complex blockchain & cryptocurrency-related UI/UX challenges.
New Delhi (India), May 29: Kana Labs, a UK-based blockchain infrastructure company, is excited to announce a strategic partnership with IoTrust, a leading Web 3 wallet specialist. This collaboration aims to integrate Kana Labs' industry-leading account abstraction infra - Mirai SDK into IoTrust's enterprise wallet service, 'WEPIN Wallet,' facilitating the development of more user-friendly Web 3 services for corporate customers.
Integrating Kana Labs' account abstraction technology into the WEPIN Wallet simplifies complex account management on the blockchain, enabling Web2 companies to transition into the Web3 space seamlessly. Notably, the Mirai SDK’s Paymaster feature facilitates companies to pay blockchain network fees on behalf of their users, thereby offering a Web 3 service experience without the hassle of gas fees.
What this means in simpler words is that users would no longer have to deal with various complex technical navigation and UI/UX challenges associated with cryptocurrency transactions such as seed phrase, navigating to different apps and wallets for different chains, longer transaction processing time, multiple authentications, the requirement to hold source tokens for paying gas fees for transactions, etc., to know more about Kana Labs account abstraction SDK check out their official docs.
IoTrust's WEPIN Wallet is a comprehensive solution that provides an easy-to-use SDK and API, allowing even companies without blockchain development expertise to integrate their wallet into an app or web platform within just five minutes. With the addition of Kana Labs' account abstraction technology, corporate customers can now create Web 3 services with enhanced user convenience and accessibility that mirrors the familiar Web 2 environments they are used to.
An official from IoTrust commented, “Through our collaboration with Kana Labs, Wepin Wallet has become the premier partner in the Web 3 service development process for corporate clients. We are committed to innovating and ensuring that companies can deliver the best Web 3 experience to their customers.”
Expressing enthusiasm about the partnership, a Kana Labs representative stated, “We are thrilled to realize our vision of contributing to the popularization of Web 3 through account abstraction technology with IoTrust. This partnership will further strengthen the positions of both companies in the global Web 3 market.”
Recently, IoTrust has been actively expanding the Web 3 ecosystem by integrating Wepin Wallet with various client companies, including the global reward chat app ‘VeryChat’ and the virtual celebrity value investment platform ‘Alt.town’. In addition, they are also further strengthening their position in the Web 3 market by accelerating the development of customised functions that reflect the growing needs of corporate customers.
Aside from account abstraction technology, Kana Labs also specialises in some of the other key areas in the blockchain market such as cross-chain bridging, liquidity aggregation and is the first Decentralised platform to bring together non-EVM & EVM chains under the same roof. Kana Labs also offers other DeFi products such as cross-chain swap and staking, order book exchange and is working to add perpetual options and futures to its product suite.
Kana Labs has a strong presence in the Asia-Pacific market region with a strong client base in South Korea, Russia, Japan, India and is also working on expanding into East Asian markets. Kana Labs client base covers a vast spectrum in both B2B and B2C markets making us an ideal partner with knowledge and experience to tackle and address the challenges in today’s market making us a perfect collaboration partner for IoTrust.
For more information, please mail to us at - hello@kanalabs.io
