Non-Custodial AMFA + MPE VS. Non-Custodial encryption keys
Private Keys without additional authentication factors are not safe, and create a clunky user experience.
Blockchain technology has the potential to revolutionize the way we think about secure online transactions and data storage, and String blockchain is a prime example of this innovation in action. One of the key features that sets String apart from other blockchain platforms is its built-in non-custodial adaptive multi-factor authentication and multi-party encryption.
Non-custodial encryption keys are a popular choice for securing online accounts and transactions, as they allow users to control their own keys rather than relying on a third party to hold them. This gives users more control over their data and ensures that it can only be accessed by authorized parties. However, non-custodial keys also come with some potential downsides for everyday users. For example, if a user loses their key or forgets their password, they may permanently lose access to their account and any associated data. Additionally, managing and securely storing multiple non-custodial keys can be a challenge for users who are not tech-savvy or do not have the necessary resources.
String addresses these issues by incorporating non-custodial adaptive MFA into its platform. This means that users have complete control over their own authentication keys and can choose from a range of factors, including passwords, biometrics, and physical tokens. This provides users with more flexibility and convenience when it comes to accessing their accounts. Additionally, the multi-party encryption on String ensures that data is secure even if one of the key holders is compromised. This means that users can trust that their data is safe and secure, even if they are not experts in encryption.
Overall, the built-in non-custodial adaptive MFA and multi-party encryption on the String blockchain provide a level of security and convenience that is not possible with traditional non-custodial keys. These features make the String blockchain an excellent choice for everyday users who want to ensure the safety and security of their online transactions and data.