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H2K is a crypto custodial wallet that utilizes a multi-sig mechanism to ensure the security and authorization of transactions.
H2K consists of:
- Black Box - this is a control server with cryptographic signing capabilities to interact with the blockchain.
- The multi-signature wallet – is the same as a regular blockchain wallet, but users do not need to interact directly with the blockchain. It can be seen as an online payment processing system, as H2K's server handles managing the wallet's private key and transaction processing.
- API – for businesses to connect to the multi-signature wallet.
With the help of the API, companies can send requests to Safina to create multi-signature wallets and conduct transactions using them.
Connectivity Options
Our team has successfully developed both a web version and a mobile application of the H2K service, providing clients with the flexibility to utilize these tools based on their level of experience in blockchain technologies.
The web version, known as H2K Light, offers a simple and intuitive interface, catering to users who seek convenient management of their multisignature wallets.
The H2K Pro mobile application encompasses the full functionality of the service and is tailored for more experienced clients who have prior familiarity with multisignature and custodial wallets.
The relevance
- Increasing interest in working with crypto assets;
- Transition of many financial services to crypto assets;
- Need for conducting cross-border payments.
Due to the spread of crypto assets, new solutions are required for easy access to the blockchain and secure transaction processing.
In the modern world of crypto assets, there are 2 main issues that stand out:
- Preserving the secret key from loss;
- Distributing access to the secret key among potential wallet owners.
More information about our solution