Unlocking the Power of Monero with RINO
In a groundbreaking move, RINO has announced that its enterprise wallet is now available for free. RINO’s enterprise wallet not only facilitates Monero’s adoption but also introduces vital financial industry features, including spending limits and four-eye approvals. With RINO, organizations can dive into the world of Monero instantly, free from the hassle of dealing with sales representatives or subscription models.
Monero Enthusiasts Rejoice
binaryFate, a core team member of Monero and an early RINO investor, expressed his enthusiasm, stating, “Having a service like RINO is essential for the wider industry adoption of Monero. Crypto businesses already have enterprise wallets like Bitgo, Fireblocks, and Copper for other digital assets. I am convinced RINO’s move to make their enterprise wallet free is a gamechanger for the Monero ecosystem.”
Bridging the Gap for Businesses
While there are several Monero wallets available, none have specifically addressed the needs of businesses until RINO stepped in. RINO’s enterprise wallet bridges this gap by offering functionalities tailored to teams and organizations.
Fortifying Security
RINO empowers clients to establish policies that ensure secure interactions with shared wallets within their teams. Features like spending limits, four-eye sign-offs, and view-only wallets, which are common in the traditional financial sector, are now available for Monero. While other cryptocurrencies offer similar features through various wallets, Monero’s unique cryptographic primitives posed a challenge. RINO, for the first time, has overcome this challenge, providing secure, non-custodial workflows on the Monero blockchain.
Unlocking Cost Savings
RINO’s SaaS offering simplifies Monero integration. It offers a stable wallet interface (API) for building services, eliminating the complexities of the Monero protocol for clients.
Trust in Your Hands
RINO operates as a non-custodial wallet, meaning it doesn’t possess the keys required to spend clients’ funds. Its cryptographic mechanisms are open source and verifiable through reproducible builds, ensuring transparency and trust.
Harnessing Unique Technology
RINO’s rich features, while maintaining non-custodial security, are made possible through Monero Multi-Party Computation (MPC). This technology enables organizations to secure and manage their funds uniquely. Specific roles can be assigned to team members, and policies can be implemented for wallet interactions. For instance, outgoing transactions may be created by spenders but require approvals from multiple team members before being confirmed and sent. Additionally, view-only access can be granted for internal accounting, control, or audit purposes to external entities.
Access RINO’s Power Today
RINO’s enterprise wallet is already available for free, making it accessible to teams seeking to leverage its robust features. You can explore it at [RINO’s website]
About RINO
RINO is driven by long-time Monero enthusiasts and crypto entrepreneurs on a mission to facilitate the mainstream financial industry’s adoption of Monero.
Disclaimer: This is a sponsored press release for informational purposes only. It does not represent the views of Crypto Daily and should not be considered legal, tax, investment, or financial advice.
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