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Torus Launches Non-Custodial Key Management Solution DirectAuth

Crypto key management platform, Torus has launched its non-custodial key management solution DirectAuth. It enables streamlined log-in experiences for web3 applications.

DirectAuth is built on top of the Torus Wallet, faciliating one-click logins for decentralized applications. Morover, it allows persistent logged-in action, streamlining transactions and signing from within a single app.

After several months in the works, we're proud to announce our official launch of #DirectAuth! Gain full control over your user onboarding experience, and abstract any blockchain complexities away from your users. — Torus (@TorusLabs) May 28, 2020

DirectAuth utilizes multi-party computation, or MPC, for distributed key generation. Through Torus, users can also send ERC-20 and ERC-721 tokens to Google emails, Reddit usernames, or Discord IDs.

Torus co-founder Zhen Yu Yong emphasized Torus’ desire to “bring web2.0-like to Web3 dapps.”

Glad to announce our next form of integration! Get Torus with absolutely 0 external UI — Zhen Yu Yong (Zen) (@zenzhenyu) May 28, 2020

For Zhen, creating more streamlined customer experiences is critical to driving widespread greater adoption of crypto assets and DeFi.

Zhen emphasized that the current dapp ecosystem requires bulky log-ins at every turn, creating an off-putting experience for beginners.

Yong described many existing user-interfaces in DeFi as offering a “terrible” user experience, stating:

“We all know triggering a pop-up on every transaction is not a great UX for the end-user, especially a mainstream user.”

Torus is targeting the “class of applications that really target a mainstream audience that [also] need to maintain their own permission structure,” Zhen said.

Yong adds:

“Any application can implement this [software development kit] and get the [Torus] UX, but on their own application, and with their own permission controls.”

DirectAuth has already seen integration among blockchain-based games such as SkyWeaver and Good Dollar.

Torus launched its Torus Wallet during February, attracting support from leading crypto projects as node operators including Binance and Ethereum Name Service.


Source: Cointelegraph | Image: Pexels

#keymanagement #defi #DirectAuth #TorusWallet #Torus