Introduction
In the modern world of crypto assets, there are 2 main problems:
- Preservation of the secret key from loss, crime, and other details of ownership;
- Separation of access to the secret key to consistently control the movement of crypto assets, which prevents its flexible management.
The first problem is solved by custodians with the help of additional security measures multi-signature wallets, нbut this is a rather expensive solution that is not available to small and medium-sized businesses.
Currently, there is active research for a solution to the second problem, and several options have already been proposed.
One of the solutions was offered by the Binance blockchain ecosystem in early July 2022 – which created a platform for organizations that includes services for conducting operations, exchange, asset management, and custody. A more popular solution for companies belongs to BitGo, which is a leader in the provision of custodial services. But both services need to directly contact the mail for a money transfer service.
The know-how of the H2K project (hereinafter referred to as H2K) is a fast and secure technology for accessing the blockchain that performs the function of a multi-signature wallet and includes unique technology with a well-tailored security system corresponding to AES.
The solution significantly expands the possibilities of smart contracts, providing access to actual data and autonomous computing, while maintaining the guarantees of security and reliability inherent in blockchain technology.
Technological advantages of H2K:
- Separation of the secret key from the manager;
- Provide shared access to the secret key;
- The absence of large spending on multi-signature in the blockchain
These advantages make it possible to add a large number of business processes that allow you to connect the blockchain with traditional technologies to expand the business and increase the efficiency of processes.
Thus, H2K in partnership with service partners aims to carry out settlements in crypto assets for services and goods, thanks to blockchain technologies becoming widespread.