Qredo launched withWalletConnectA new integration for WalletConnect, an open protocol for accessing decentralized finance (DeFi).

The integration provides a convenient way to deploy digital assets into DeFi, and uses Qredodecentralized hostingBacked by strong governance and security.

Using the integration, individuals and institutions can:

• Access to hundreds of dApps on dozens of blockchains

Qredo's integration with WalletConnect v1.0 supports any EVM-compatible chain, unlocking access to nearly the entire DeFi and NFT world.

• Just scan the QR code to connect

No need for insecure browser plugins, clunky APIs, or other software. Simply scan a QR code to establish a secure connection between crypto wallets and dApps.

• Secure Signature Events Using Decentralized MPC

Transactions are signed through your own custom governance, byDecentralized Multi-Party Computation (MPC)Protection - Eliminates the risk of private keys being stolen or lost.

"Qredo's WalletConnect integration provides individual traders and organizations with a complete DeFi and NFT package - from DAOs to crypto funds and growing investment teams. All these participants can use and leverage transactions from the most secure form of custody , lending and crypto-staking strategies.”

— Qredo COO Josh Goodbody

What is WalletConnect?

WalletConnect is an open protocol for secure communication between wallets and Web3 applications.

On WalletConnect, messages between dApps and encrypted wallets are secured in an end-to-end encrypted channel. WalletConnect does not see any part of the communication.

Combined with Qredo's decentralized transaction signing and security governance, this brings a new level of security to DeFi.

How to use WalletConnect with Qredo

WalletConnect is currently only available to organizations, but anyone cancreate organization。

Once you have an organization, you will need to create yourWalletConnect Wallet。

From there, simply navigate to the dApp of your choice, connect the QR code, and follow these simple steps to deploy assets directly from Qredo:

• Open a Qredo account and download the Signature app

  apply toAndroid and iOS。

  
  

• Open the DeFi app

  Go to the website of the application of your choice

  
  

• Open WalletConnect in Qredo

  Open your Qredo wallet and go to WalletConnect.

  
  

• Scan the QR code to connect

  Click the dApp's WalletConnect button and scan to connect. The dApp can then send the transaction request to your Qredo wallet for manual approval.

  
  

• deploy assets

  Execute your DeFi strategy directly from your Qredo wallet, protected by your own custom governance and approval policies.

Qredo Chinese page:

Open QREDO Wallet

Original link:https://www.qredo.com/press/qredo-launches-walletconnect-integration-for-all

Qredo Chinese page:qredo.com/zh-cn