In an effort to increase user safety, DigiThree Labs and LCX recently announced a collaboration. The two companies have partnered to provide a formal proof-of-concept agreement.
According to details shared by LCX, the new partnership will enhance user security and ultimately play an important role in the growth of the digital asset ecosystem. Founded in 2018, LCX is a regulated platform for buying and selling digital currencies.
LCX emphasized the importance of a secure and efficient login procedure. The company added that it will pilot the SAGD authenticator to secure its login procedures and protect passwords. LCX mentioned that SAGD Authenticator is a highly secure authentication method based on blockchain technology.
Monty Metger, CEO of LCX, said, “Security threats are on the rise and phishing attacks often target user login information. That’s why we’re excited to work with DigiCorp Labs to pilot the latest cybersecurity technologies and in particular the SAGD Authenticator.
LCX noted that the initial rollout will take place in the second and third quarters of 2022. The exchange is headquartered in Vaduz with offices in Zug and New Delhi.
Security
With the growing popularity and user base of digital assets, exchanges have introduced several effective methods over the past few years to increase overall user security in the crypto ecosystem.
Jozua van der Deijl, CEO of DigiCorp Labs, said, “DigiCorp Labs is delighted that LCX takes user security very seriously, and we hope this sets an example for other exchanges to integrate DGMV Authenticator as an additional layer of security. on their platforms. ”
“Through our consistent and friendly relationship with DigiCorp Labs, we have confidence in SAGD Authenticator and believe it will digitally transform security across industries,” the company added in the press release.
In an effort to increase user safety, DigiThree Labs and LCX recently announced a collaboration. The two companies have partnered to provide a formal proof-of-concept agreement.
According to details shared by LCX, the new partnership will enhance user security and ultimately play an important role in the growth of the digital asset ecosystem. Founded in 2018, LCX is a regulated platform for buying and selling digital currencies.
LCX emphasized the importance of a secure and efficient login procedure. The company added that it will pilot the SAGD authenticator to secure its login procedures and protect passwords. LCX mentioned that SAGD Authenticator is a highly secure authentication method based on blockchain technology.
Monty Metger, CEO of LCX, said, “Security threats are on the rise and phishing attacks often target user login information. That’s why we’re excited to work with DigiCorp Labs to pilot the latest cybersecurity technologies and in particular the SAGD Authenticator.
LCX noted that the initial rollout will take place in the second and third quarters of 2022. The exchange is headquartered in Vaduz with offices in Zug and New Delhi.
Security
With the growing popularity and user base of digital assets, exchanges have introduced several effective methods over the past few years to increase overall user security in the crypto ecosystem.
Jozua van der Deijl, CEO of DigiCorp Labs, said, “DigiCorp Labs is delighted that LCX takes user security very seriously, and we hope this sets an example for other exchanges to integrate DGMV Authenticator as an additional layer of security. on their platforms. ”
“Through our consistent and friendly relationship with DigiCorp Labs, we have confidence in SAGD Authenticator and believe it will digitally transform security across industries,” the company added in the press release.