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.
Funding
$12.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
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.
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.
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