Who We Are
The cryptocurrency market experienced a massive loss of $1.1 billion in 2018 due to cyber attacks.
The continuous security breaches and the risk of asset security due to the single-point vulnerability of private keys were a significant source of concern for Safeheron founder, Wade Wang, who was managing billions of dollars in assets at that time.
To address these issues, he sought solutions and turned to his close friend, a cryptography expert, Max He. Working together, they discovered that the combination of secure multiparty computation (SMPC) and trusted execution environment (TEE) could provide a secure method for managing digital assets. As a result, Safeheron was created. It has a decentralized design, uses open-source code technology that is easily verifiable, and puts asset control in the hands of the users.
Many institutions face the daunting challenge of securing digital assets while maintaining efficient workflows and keeping up with the fast-paced business world.
Safeheron has confronted this challenge by creating a multi-layered security technology architecture that utilizes secure multiparty computation (MPC) as the "key," along with Intel SGX and a zero-trust security design. Our transparent and open approach aims to provide businesses and institutions with the security and efficiency they need.
