UniPass operates as a smart contract wallet that simplifies the user experience by eliminating the need for traditional private keys or seed phrases. It utilizes a 2-2 Threshold Signature Scheme for security, storing one key locally on the user's device and another on UniPass servers for two-factor authentication. This setup allows for seamless and secure transactions without the hassle of managing private keys.
Is UniPass a secure platform?
UniPass employs multiple layers of security, including two-factor authentication, biometric checks, and device encryption, to ensure user safety. Its use of Multi-Party Computation (MPC) algorithms enhances security by distributing private keys among multiple parties. Additionally, the platform's on-chain email verification adds an extra layer of protection and facilitates account recovery.
How to use UniPass?
To use UniPass, download the app and log in using your Google account or Apple ID, which generates your crypto wallet. You can top up your wallet by transferring stablecoins like USDC or USDT or using a credit card. Once set up, you can send, receive, and manage stablecoin payments effortlessly, benefiting from features like gasless transactions and batch payments.
What services does UniPass offer?
UniPass provides a comprehensive stablecoin payment solution, allowing users to send, receive, and cash out stablecoins globally. It offers gas-free transactions, low fees, and support for over 170 countries and multiple currencies. The platform is designed for freelancers, digital nomads, and businesses seeking cost-effective and efficient cross-border payment solutions.
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