Silence Laboratories and Zengo Forge Crypto Security Alliance—Banks Still Using Fax Machines

Two privacy-focused giants shake hands on a partnership that could redefine wallet security—while traditional finance scrambles to keep up.

No more ’trust us’ security. Silence Labs’ MPC tech meets Zengo’s keyless architecture, creating a fortress even Bitcoin maximalists would nod at.

Meanwhile, Wall Street spends $3 million on a ’blockchain task force’ that produces a PDF no one reads.

Silence has been enabling enterprises to build a digital asset platform with the fastest MPC-TSS in production

Silence Laboratories a Singapore-based deep-tech firm focusing on cutting-edge cryptography and privacy preserving technologies, has built cutting-edge key management solutions unmatched in speed and flexibility. Leading web3 companies and platforms like BitGo, Biconomy, Thorchain, CoinDCX, and partners like EigenLayer use/support MPC libraries from Silence.

Nature of the partnership

This partnership will bring cutting edge cryptographic security in the form of Silence Laboratories MPC library for EdDSA signatures to the Zengo platform, to begin with. With this integration, users will now be able to enjoy the same secure and easy-to-use features when transacting on the Solana ecosystem. Moving ahead,  teams are collaborating on continuous cryptographic R&D, co-development, and the addition of niche features to empower the evolving digital asset space.

What the co-founders have to say

Speaking of the partnership, Zengo Wallet’s CEO Ouriel Ohayon said,

 “As global pioneers in wallet security and MPC innovation, this collaboration is a testament to our shared commitment to pioneering secure, seamless digital asset management, pushing the boundaries of innovation in the crypto ecosystem, and offering a wider range of products for our users.”

Jay Prakash, CEO of Silence Laboratories, added,

“We’re delighted to contribute to Zengo’s best-in-class user experience by providing our MPC EdDSA cryptography for their Solana expansion. What is more exciting is continuous cryptographic R&D, co-development, and the addition of niche features and shipping them in close partnerships, such as with Zengo.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.