Nerif Network

About Nerif Network

Nerif Network develops a decentralized application that automates smart contract processes using distributed key generation and threshold ECDSA technology for secure data signing. Its natively cross-chain platform enables users to create and manage workflows across multiple blockchain ecosystems, addressing the reliance on Web2 infrastructure in Web3 applications.

```xml <problem> Web3 applications often rely on centralized Web2 infrastructure, creating vulnerabilities and limiting the potential for true decentralization. Automating smart contract processes across multiple blockchain ecosystems requires secure and permissionless solutions that eliminate single points of failure. </problem> <solution> Nerif Network provides a natively cross-chain platform that automates smart contract processes using distributed key generation (DKG) and threshold ECDSA technology for secure data signing. The platform enables users to create and manage workflows across multiple blockchain ecosystems, addressing the reliance on Web2 infrastructure in Web3 applications. By distributing decision-making across the network and employing a distributed private key, Nerif Network eliminates centralized points of vulnerability and ensures robust security. </solution> <features> - Natively cross-chain functionality through versatile validator nodes that interface with multiple blockchain ecosystems - Secure and permissionless automation via DKG and threshold ECDSA technology - Horizontally scalable architecture allowing users to initiate new networks effortlessly through the open-sourced Nerif Node and associated smart contracts - Easy-to-use interface (Nerif App) to create, deploy, and manage workflows - Oraculator to deploy new data to chain and bridge existing data from one chain to another - NFT Herald to get notified when an NFT floor price changes and automatically sweep the floor </features> <target_audience> Nerif Network targets Web3 developers seeking to automate processes and connect decentralized applications with the physical layer, as well as users looking to implement cross-chain automation processes. </target_audience> ```

What does Nerif Network do?

Nerif Network develops a decentralized application that automates smart contract processes using distributed key generation and threshold ECDSA technology for secure data signing. Its natively cross-chain platform enables users to create and manage workflows across multiple blockchain ecosystems, addressing the reliance on Web2 infrastructure in Web3 applications.

Where is Nerif Network located?

Nerif Network is based in Zug, Switzerland.

When was Nerif Network founded?

Nerif Network was founded in 2022.

Location
Zug, Switzerland
Founded
2022
Employees
1 employees
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Nerif Network

Score: 57/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Nerif Network develops a decentralized application that automates smart contract processes using distributed key generation and threshold ECDSA technology for secure data signing. Its natively cross-chain platform enables users to create and manage workflows across multiple blockchain ecosystems, addressing the reliance on Web2 infrastructure in Web3 applications.

nerif.network300+
cb
Crunchbase
Founded 2022Zug, Switzerland

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Company Description

Problem

Web3 applications often rely on centralized Web2 infrastructure, creating vulnerabilities and limiting the potential for true decentralization. Automating smart contract processes across multiple blockchain ecosystems requires secure and permissionless solutions that eliminate single points of failure.

Solution

Nerif Network provides a natively cross-chain platform that automates smart contract processes using distributed key generation (DKG) and threshold ECDSA technology for secure data signing. The platform enables users to create and manage workflows across multiple blockchain ecosystems, addressing the reliance on Web2 infrastructure in Web3 applications. By distributing decision-making across the network and employing a distributed private key, Nerif Network eliminates centralized points of vulnerability and ensures robust security.

Features

Natively cross-chain functionality through versatile validator nodes that interface with multiple blockchain ecosystems

Secure and permissionless automation via DKG and threshold ECDSA technology

Horizontally scalable architecture allowing users to initiate new networks effortlessly through the open-sourced Nerif Node and associated smart contracts

Easy-to-use interface (Nerif App) to create, deploy, and manage workflows

Oraculator to deploy new data to chain and bridge existing data from one chain to another

NFT Herald to get notified when an NFT floor price changes and automatically sweep the floor

Target Audience

Nerif Network targets Web3 developers seeking to automate processes and connect decentralized applications with the physical layer, as well as users looking to implement cross-chain automation processes.