OKX, the second-largest crypto exchange, has upgraded its OKX Wallet to become the first Web 3.0 wallet to use multi-party computation (MPC) technology, along with support for 37 blockchains. The wallet also includes an independent ’emergency escape’ feature, which enables users to recover their assets in an emergency situation without involving OKX. MPC technology improves security by eliminating the need for traditional written-down keys and seed phrases. The OKX Wallet is a decentralized multi-chain wallet that allows users to trade NFTs, access DeFi protocols and explore thousands of DApps.
OKX aims to accelerate the growth of Web 3.0 and encourage mainstream adoption by delivering user-friendly experiences that keep users and their assets safe. The OKX Wallet with MPC technology gives users the best of both agility and security. By utilizing MPC technology, OKX has made it simpler for users to protect their assets and participate in the Web 3.0 economy of the future.
