Heavily dependent on cold/hot wallet system that creates inefficient fund flows and are mostly exposed to security risks due to poor key managements.
AkashicPay utilises state-of-the-art non-custodial wallet management system. This technology enjoys the security of cold wallets and availability of hot wallets.
Truly Non-Custodial
Fully integrated with Akashic Chain, a DLT (Decentralized Ledger Technology)-based L2 Blockchain. Only the user has full ownership and direct access to their crypto assets. Akashic Wallet does not hold any of the client's private information, such as the Privatekey, 12-Word Recovery Secrets, and Passwords.
PrivateKey Management
AkashicChain safeguards the L1 PrivateKey under AkashicVault by fully segregating the L1 Private key using Shamir Secret Sharing to 4+ different decentralized Akashic Chain Nodes. This ensures that no single entity can break through the chain and obtain the PrivateKey. Only by using Valid Akashic Chain OTK, can the user be allowed to access their assets under Blockchain's Consensus.
Multi-Asset Support
AkashicPay supports a plethora of cryptocurrency assets to be manageable on both Akashic Chain level and respected L1 Blockchains. Akashic Chain-level transactions offer significant cost benefits compared to L1 Blockchain transfers.
Fully Customized Backoffice Suite
AkashicPay provides a fully customized back-office system to the business client to ensure easy and smooth operation of crypto settlements from end clients.
Your key to the Akashic ecosystem
AkashicPay utilizes state-of-art non-custodial custodian system based on its self-developed technology, allowing simple management of wallets without security concerns.
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