Kirobo Announces Launch of On-Chain Crypto Wallet Liquid Vault

Kirobo, a blockchain application developer headquartered in Tel Aviv, recently announced the launch of Liquid Vault, an on-chain wallet and DeFi infrastructure. Focusing on backup, inheritance and retrievable transfer solutions, the new platform aims to be the access point of decentralized finance (DeFi) ecosystems with its decentralized and non-custodial services.

At the beginning of 2022, Liquid Vault will be integrated with DeFi services to allow the users to interact with their Ethereum wallets.

"This is a game-changer for the web3 infrastructure. Users have long suffered from a complex, fragmented user experience and worry over losing access to their assets. The Liquid Vault solves all of these problems in a single package, and it's going to solve many more in the future," said Asaf Naim, Co-Founder and Chief Executive Officer of Kirobo.

In terms of its features, the new platform will support the storage of Ethereum, ERC-20 tokens, and non-fungible tokens (NFTs). The problem that the cold storage is inaccessible when the private keys are lost will be solved with the backup service. Furthermore, it will launch an inheritance service next year, which will enable users to define several heirs and choose how much each will receive.

"Web3 users were facing a choice between security and decentralization. That's no longer the case with the Liquid Vault," said Kirobo Co-Founder and CTO, Tal Asa. "We've produced a non-custodial, user-powered suite of solutions for crypto protection and asset growth."

Brock Pierce, a member of Kirobo's advisory board, said: "I've been  the web3 ecosystem for years and the Liquid Vault is a significant step forward in addressing some of the most acute relevant pain points that are holding Web3 back from mass adoption. I am excited to be a part of this project."