Cryptos are now centralized with all these ETF and the digital assets. And so now the digital custody are going to be the new norm too.
UBDN wallet is a multi sig wallet and it is designed for holding the assets. And the Detrusts wallet is made for professionals and the enterprise as it happens to have a self custody services enabled.
Now the Detrusts service is being launched on the Ethereum blockchain. And this service is going to be helping people hold the assets on the chain would help access the wallet long term without worrying about password, means of unlocking wallets.
UBDN launched the DeTrust.
How does the wallet works? How does the Detrusts works?
Here you store your crypto. Like any other wallet. And when you hold it in the Detrusts then two things happen.
- You use signature to unlock the rewards.
- You also earn the interest on the idle assets in the crypto wallet.
This is a good option for those who are planning on using the crypto assets long term. And you want to make sure to use the wallet like any other while the crypto assets are also earning the interest.
This type of the tech is useful for those who are planning on using the DeTrusts for the wallet and the long term custody like usage. This would be useful for trusts, small companies and enterprise too.