dWallet Labs

About dWallet Labs

dWallet Labs develops infrastructure for Zero Trust Protocols, utilizing advanced cryptographic techniques to enhance cybersecurity across web3 applications. The company addresses vulnerabilities in internet security by providing a robust framework that ensures secure access and data protection for users and organizations.

```xml <problem> Current Web3 infrastructure often relies on centralized or multi-signature solutions, creating vulnerabilities and potential honeypots for malicious actors. Existing cross-chain solutions often require bridging or wrapping assets, compromising the native security of the underlying blockchains. </problem> <solution> dWallet Labs develops infrastructure for Zero Trust Protocols (ZTPs) that enable secure, decentralized access control across Web3 applications. Their core innovation, dWallets, are cryptographic primitives that empower developers to build ZTPs operating across different networks without compromising the native Zero Trust security of those networks. dWallets utilize a novel 2PC-MPC scheme, requiring both user and network participation to generate a signature, thus eliminating the risk of unauthorized access or asset drainage. This approach allows for programmable transaction conditions, automating processes while preserving decentralization and user sovereignty. dWallet Labs' technology enables secure multi-chain coordination, decentralized custody, and programmable interactions with assets like Bitcoin, all within a Zero Trust framework. </solution> <features> - dWallets: A cryptographic primitive enabling Zero Trust Protocols (ZTPs) - 2PC-MPC: A novel two-party computation, multi-party computation scheme for secure signature generation - Cross-chain compatibility: Operates across different blockchain networks without bridging or wrapping assets - Programmable transaction conditions: Automates processes like KYC/AML and governance - Non-collusive architecture: Ensures user assets remain secure even in worst-case scenarios - High scalability: Supports hundreds to thousands of nodes without compromising performance - Compatibility with Sui blockchain: Powering multi-chain coordination on the Sui blockchain </features> <target_audience> The primary target audience includes Web3 developers, DeFi projects, decentralized custody solutions, and enterprises seeking secure, decentralized access control and cross-chain interoperability. </target_audience> ```

What does dWallet Labs do?

dWallet Labs develops infrastructure for Zero Trust Protocols, utilizing advanced cryptographic techniques to enhance cybersecurity across web3 applications. The company addresses vulnerabilities in internet security by providing a robust framework that ensures secure access and data protection for users and organizations.

Where is dWallet Labs located?

dWallet Labs is based in Tel Aviv, Israel.

When was dWallet Labs founded?

dWallet Labs was founded in 2022.

How much funding has dWallet Labs raised?

dWallet Labs has raised $12.5M.

Who founded dWallet Labs?

dWallet Labs was founded by Omer Sadika and David Lachmish.

  • Omer Sadika - Co-Founder
  • David Lachmish - Co-Founder
Location
Tel Aviv, Israel
Founded
2022
Funding
$12.5M
Employees
19 employees
Major Investors
Node Capital, Digital Currency Group

dWallet Labs

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

dWallet Labs develops infrastructure for Zero Trust Protocols, utilizing advanced cryptographic techniques to enhance cybersecurity across web3 applications. The company addresses vulnerabilities in internet security by providing a robust framework that ensures secure access and data protection for users and organizations.

dwalletlabs.com300+
Founded 2022Tel Aviv, Israel

Funding

No specific funding rounds found.

Total Funding

$12.5M

Backed by

Digital Currency GroupNode Capital

Team (15+)

Omer Sadika

Co-Founder

David Lachmish

Co-Founder

Company Description

Problem

Current Web3 infrastructure often relies on centralized or multi-signature solutions, creating vulnerabilities and potential honeypots for malicious actors. Existing cross-chain solutions often require bridging or wrapping assets, compromising the native security of the underlying blockchains.

Solution

dWallet Labs develops infrastructure for Zero Trust Protocols (ZTPs) that enable secure, decentralized access control across Web3 applications. Their core innovation, dWallets, are cryptographic primitives that empower developers to build ZTPs operating across different networks without compromising the native Zero Trust security of those networks. dWallets utilize a novel 2PC-MPC scheme, requiring both user and network participation to generate a signature, thus eliminating the risk of unauthorized access or asset drainage. This approach allows for programmable transaction conditions, automating processes while preserving decentralization and user sovereignty. dWallet Labs' technology enables secure multi-chain coordination, decentralized custody, and programmable interactions with assets like Bitcoin, all within a Zero Trust framework.

Features

dWallets: A cryptographic primitive enabling Zero Trust Protocols (ZTPs)

2PC-MPC: A novel two-party computation, multi-party computation scheme for secure signature generation

Cross-chain compatibility: Operates across different blockchain networks without bridging or wrapping assets

Programmable transaction conditions: Automates processes like KYC/AML and governance

Non-collusive architecture: Ensures user assets remain secure even in worst-case scenarios

High scalability: Supports hundreds to thousands of nodes without compromising performance

Compatibility with Sui blockchain: Powering multi-chain coordination on the Sui blockchain

Target Audience

The primary target audience includes Web3 developers, DeFi projects, decentralized custody solutions, and enterprises seeking secure, decentralized access control and cross-chain interoperability.

Sources:

This profile is AI-generated from web data and may contain inaccuracies. Want to correct or remove an entry? Owners can claim edits via their company email domain, and signed-in users can submit sourced suggestions.
dWallet Labs - Funding: $12.5M | StartupSeeker