The Aurora ecosystem is now integrated with Fireblocks
What is Fireblocks?
Fireblocks is an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, such as moving, storing, and distributing digital assets. Fireblocks combines its MPC-CMP wallet infrastructure with hardware enclave isolation to eliminate a single point of failure and insulate digital assets from cyber-attacks, internal collusion, and human error.
In addition to this technology, Fireblocks supports over 1100 different tokens and 30 different exchanges on the Fireblocks Network.
What is Aurora?
Aurora is an Ethereum Virtual Machine (EVM) built on Proof-of-stake based Layer1 blockchain — NEAR Protocol. Aurora enables dApps to scale with low gas fees ($0.2) and process transactions in 2 seconds. With the growing number of VCs and institutions slowly onboarding on the now famous NEAR’s EVM, integrating the network became an easy and useful add-on to the already broad solutions provided by Fireblocks.
The challenge of digital asset management
Managing assets at scale has always been difficult. With multiple accounts/users, multiple asset options, no proper single monitoring dashboard, countless data points, and time lost on analyzing and creating insightful reports, managing multiple parameters can quickly become a burden. Using the right tool can help companies save time and money, manage your business more efficiently, and help you scale faster.
How will the integration with Fireblocks help institutional users on Aurora?
The integration of Aurora with Fireblocks will enable institutional users on the network to access fast, low-cost, safe, and secure access to manage their funds on the network. Fireblocks enables its users to manage and scale their asset management operations by managing multiple users, wallets, tokens, exchanges, settlements, and analytics from a single, easy-to-use platform.
Aurora is an Ethereum Virtual Machine (EVM) based on the layer 1 proof-of-stake blockchain NEAR Protocol. Aurora provides a solution for developers to deploy their apps on an Ethereum-compatible, high-speed, scalable, and future-proof platform with low transaction costs for their users.