Asva Labs partners with Hypersign to integrate cross-chain identity features on Asva Finance
We keep expanding our ecosystem. And our features.
This time it’s with Hypersign!
We are super thrilled to announce to our community that we have partnered with Hypersign, the cross-chain Identity protocol and whitelisting solution built on Polkadot and Ethereum. We intend to improve the user security and privacy aspects of Asva Finance through this strategic collaboration.
Let’s dive right into how the partnership will work out and what that means for our users.
How does Hypersign Reinforce Privacy and Security on Asva Finance?
Asva Finance, one of the premium products from Asva labs, is a cross-chain DeFi aggregation protocol that leverages DeFi protocols from multiple blockchains to feature a wide range of functionalities like cross-chain token swaps, lending, borrowing, yield farming, and portfolio management. Our advanced cross-chain routing mechanism offers the best rates to users for all the services they avail from a simple user-friendly interface.
However, we are well aware of your concerns regarding the hidden perils of decentralized applications. Data breaches, hassles of signing in, transfer of asset custody — it is reasonable to have reservations.
How do we solve that?
We want to build our community on reliability and transparency, not trust. We will bring it into action through Hypersign integration.
Asva-Hypersign partnership will address issues related to user-level security, authentication, verification and authorization of user data. It combines Decentralized Identifiers with Public Key Infrastructure and blockchains to deliver unmatched security at affordable price points. It will eliminate data breaches, empower individuals to regain control of their personal data, and democratize security on Asva Finance. Hypersign partnership will initiate a new set of privacy functionalities on Asva Finance that will enhance the appeal of our interoperable dashboard and boost confidence in our users.
Hypersign integration will be a major step in our journey towards the widespread adoption of Asva Finance in the crypto community.
“Asva Finance aims to break financial, geographical, and authoritative barriers to advanced DeFi use cases through cross-chain functionalities. Hypersign integration will equip us to offer unparalleled security and privacy, the key highlights that set apart our application, to users. We look forward to seeing how the partnership evolves to inspire people to take their dive into DeFi with confidence.”
- Mallikarjuna Naidu, CEO of Asva Labs.
“We love so many things that Asva Finance is doing. Building a cross-chain money market that has the features and functionalities of the traditional market, while also bridging the distance between the old and the new, and laying the foundation for mass adoption of DeFi. We are curious to see what we can do together with a product with such a mass appeal and potential.”
- Irfan Khan, Co-founder of Hypermine Labs
Stay tuned for more updates!
Hypersign is a simple-to-use authentication and security solution that secures user data by combining Public Key Infrastructure with Blockchain. It’s a product of Hypermine Labs, an avant-garde technology and research organization that is dedicated to building trust and transparency in the real world. In line with a vision to create a world where privacy is a fundamental right, and where our data is secure and belongs to us, Hypermine designed the Hypersign protocol as a solution that’s fully compatible with OAuth, and offers password-free authentication, verification & authorization services that integrate with any ecosystem in minutes.
About Asva Labs
The world’s pioneer platform to fuel interoperable applications for DeFi, NFT, and the metaverse, Asva Labs leverages Web3 blockchain technologies to pave the way for an interactive decentralized ecosystem. We address the existing limitations of the industry through cross-chain interoperable apps that flaunt remarkable scalability.
Asva Labs has deployed two premier products to change the face of decentralized services. Asva Finance — a cross-chain DeFi aggregation engine that features a one-stop solution for DeFi functionalities. And, Asva Virtua Space — a fascinating realm of on-chain metaverse powered by NFTs.
Asva Labs aims to bring DeFi and NFTs to the mainstream through an array of advanced use cases.
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