The post Ika and Human Tech Reveal First Decentralized Zero-Trust Wallet-as-a-Protocol (WaaP) appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Ika, the fastest parallel MPC network, has partnered with human.tech to introduce Wallet-as-a-Protocol (WaaP), a new category of decentralized wallet infrastructure. Secured by Ika’s breakthrough 2PC-MPC cryptography, the infrastructure features no vendor lock-ins, no renting of wallet, and full interoperability.  WaaP is the first infrastructure in crypto where wallet logic, key management, and access control are decentralized across a zero-trust network, providing wallet functionality via a decentralized Sui protocol rather than a centralized service. Until now, Wallet-as-a-Service (WaaS), a popular infrastructure, gave apps too much control over users’ funds, making it prone to security issues and restricted usage to one app. Waap replaces that with a decentralized, zero-trust system where a user’s key share remains local, while Ika’s decentralized network operates the co-signing share. With the system’s high security, not even human.tech can access or reconstruct the full private key. Advertisement &nbsp This enables Human Wallet to transition from a service provider to an open, decentralized wallet infrastructure, allowing universal accounts to work seamlessly across dApps, devices, and chains through secured cryptography. David Lachmish, Co-Founder of Ika, said: “2PC-MPC changes what a wallet can be. It removes unilateral control, scales to real-world throughput, and for the first time, makes decentralized, flexible and secure wallets practical at the infrastructure level.” How WaaP works The WaaP protocol uses a 2PC-MPC (Two-Party Computation Multi-Party Computation) protocol that splits private keys into two independent cryptographic shares: the user share, held and authorized by the user, and the network share, operated by Ika’s decentralized 2PC-MPC network. Before… The post Ika and Human Tech Reveal First Decentralized Zero-Trust Wallet-as-a-Protocol (WaaP) appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Ika, the fastest parallel MPC network, has partnered with human.tech to introduce Wallet-as-a-Protocol (WaaP), a new category of decentralized wallet infrastructure. Secured by Ika’s breakthrough 2PC-MPC cryptography, the infrastructure features no vendor lock-ins, no renting of wallet, and full interoperability.  WaaP is the first infrastructure in crypto where wallet logic, key management, and access control are decentralized across a zero-trust network, providing wallet functionality via a decentralized Sui protocol rather than a centralized service. Until now, Wallet-as-a-Service (WaaS), a popular infrastructure, gave apps too much control over users’ funds, making it prone to security issues and restricted usage to one app. Waap replaces that with a decentralized, zero-trust system where a user’s key share remains local, while Ika’s decentralized network operates the co-signing share. With the system’s high security, not even human.tech can access or reconstruct the full private key. Advertisement &nbsp This enables Human Wallet to transition from a service provider to an open, decentralized wallet infrastructure, allowing universal accounts to work seamlessly across dApps, devices, and chains through secured cryptography. David Lachmish, Co-Founder of Ika, said: “2PC-MPC changes what a wallet can be. It removes unilateral control, scales to real-world throughput, and for the first time, makes decentralized, flexible and secure wallets practical at the infrastructure level.” How WaaP works The WaaP protocol uses a 2PC-MPC (Two-Party Computation Multi-Party Computation) protocol that splits private keys into two independent cryptographic shares: the user share, held and authorized by the user, and the network share, operated by Ika’s decentralized 2PC-MPC network. Before…

Ika and Human Tech Reveal First Decentralized Zero-Trust Wallet-as-a-Protocol (WaaP)

Advertisement

Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.

Ika, the fastest parallel MPC network, has partnered with human.tech to introduce Wallet-as-a-Protocol (WaaP), a new category of decentralized wallet infrastructure. Secured by Ika’s breakthrough 2PC-MPC cryptography, the infrastructure features no vendor lock-ins, no renting of wallet, and full interoperability. 

WaaP is the first infrastructure in crypto where wallet logic, key management, and access control are decentralized across a zero-trust network, providing wallet functionality via a decentralized Sui protocol rather than a centralized service.

Until now, Wallet-as-a-Service (WaaS), a popular infrastructure, gave apps too much control over users’ funds, making it prone to security issues and restricted usage to one app.

Waap replaces that with a decentralized, zero-trust system where a user’s key share remains local, while Ika’s decentralized network operates the co-signing share. With the system’s high security, not even human.tech can access or reconstruct the full private key.

Advertisement

 

This enables Human Wallet to transition from a service provider to an open, decentralized wallet infrastructure, allowing universal accounts to work seamlessly across dApps, devices, and chains through secured cryptography.

David Lachmish, Co-Founder of Ika, said:

“2PC-MPC changes what a wallet can be. It removes unilateral control, scales to real-world throughput, and for the first time, makes decentralized, flexible and secure wallets practical at the infrastructure level.”

How WaaP works

The WaaP protocol uses a 2PC-MPC (Two-Party Computation Multi-Party Computation) protocol that splits private keys into two independent cryptographic shares: the user share, held and authorized by the user, and the network share, operated by Ika’s decentralized 2PC-MPC network.

Before accessing the wallet, both shares are required, making it impossible for anyone to access it without proper verification. 

The full key is never reconstructed, creating a zero-trust signing environment resistant to both local compromise and network-level collusion, while delivering sub-second signing latency at scale.

Human.tech became the first wallet provider to decentralize programmable security and access control by leveraging a global, zero-trust MPC network. It migrated its signing layer to Ika, bringing decentralized security, censorship resistance, zero-trust UX, and protocol-level composability.

WaaP also forms a new foundation for builders, with its universal and generic design, which supports Bitcoin, Solana, and is also fully EIP-1193 compliant. This allows developers to integrate Human Wallet using the same provider interface familiar across Ethereum and other EVM-compatible wallets within minutes.

Developers also have access to seamless onboarding, programmable policies, gas sponsorship, and MFA at the wallet layer.


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involves substantial risk as the volatility of the crypto market can lead to significant losses.

Source: https://zycrypto.com/ika-and-human-tech-reveal-first-decentralized-zero-trust-wallet-as-a-protocol-waap/

Market Opportunity
Ika Logo
Ika Price(IKA)
$0.004695
$0.004695$0.004695
+0.77%
USD
Ika (IKA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

NGP Token Crashes 88% After $2M Oracle Hack

NGP Token Crashes 88% After $2M Oracle Hack

The post NGP Token Crashes 88% After $2M Oracle Hack appeared on BitcoinEthereumNews.com. Key Notes The attacker stole ~$2 million worth of ETH from the New Gold Protocol on Sept.18. The exploit involved a flash loan that successfully manipulated the price oracle enabling the attacker to bypass security checks in the smart contract. The NGP token is down 88% as the attacker obfuscates their funds through Tornado Cash. New Gold Protocol, a DeFi staking project, lost around 443.8 Ethereum ETH $4 599 24h volatility: 2.2% Market cap: $555.19 B Vol. 24h: $42.83 B , valued at $2 million, in an exploit on Sept 18. The attack caused the project’s native NGP token to crash by 88%, wiping out most of its market value in less than an hour. The incident was flagged by multiple blockchain security firms, including PeckShield and Blockaid. Both firms confirmed the amount stolen and tracked the movement of the funds. Blockaid’s analysis identified the specific vulnerability that the attacker used. 🚨 Community Alert: Blockaid’s exploit detection system identified multiple malicious transactions targeting the NGP token on BSC. Roughly $2M has been drained. ↓ We’re monitoring in real time and will share updates below pic.twitter.com/efxXma0REQ — Blockaid (@blockaid_) September 17, 2025 Flash Loan Attack Manipulated Price Oracle According to the Blockaid report, the hack was a price oracle manipulation attack. The protocol’s smart contract had a critical flaw; it determined the NGP token’s price by looking at the asset reserves in a single Uniswap liquidity pool. This method is insecure because a single pool’s price can be easily manipulated. The attacker used a flash loan to borrow a large amount of assets. A flash loan consists of a series of transactions that borrow and return a loan within the same transaction. They used these assets to temporarily skew the reserves in the liquidity pool, tricking the protocol into thinking the…
Share
BitcoinEthereumNews2025/09/18 19:04
CZ Defends HODL Strategy Amid Backlash, Yi He’s 94% BNB Allocation Revealed

CZ Defends HODL Strategy Amid Backlash, Yi He’s 94% BNB Allocation Revealed

The post CZ Defends HODL Strategy Amid Backlash, Yi He’s 94% BNB Allocation Revealed appeared on BitcoinEthereumNews.com. Zach Anderson Jan 29, 2026 10:00 Binance
Share
BitcoinEthereumNews2026/01/30 09:19
Nvidia shares fall 3%

Nvidia shares fall 3%

The post Nvidia shares fall 3% appeared on BitcoinEthereumNews.com. Home » AI » Nvidia shares fall 3% Chipmaker extends decline as investors continue to take profits from recent highs. Photo: Budrul Chukrut/SOPA Images/LightRocket via Getty Images Key Takeaways Nvidia’s stock decreased by 3% today. The decline extends Nvidia’s recent losing streak. Nvidia shares fell 3% today, extending the chipmaker’s recent decline. The stock dropped further during trading as the artificial intelligence chip leader continued its pullback from recent highs. Disclaimer Source: https://cryptobriefing.com/nvidia-shares-fall-2-8/
Share
BitcoinEthereumNews2025/09/18 03:13