What is Qredo?
Qredo is a decentralized custody and settlement network designed to provide secure, instant, and scalable digital asset management. Launched in 2021, Qredo leverages multi-party computation (MPC) technology to enable institutional-grade security for crypto custody, cross-chain swaps, and decentralized trading.
Qredo's natie token, QRDO, is used for governance, staking, and transaction fee discounts within the ecosystem.
How is Qredo useful?
Qredo enhances crypto custody and cross-chain interoperability, allowing institutions, traders, and DeFi platforms to securely store, transfer, and trade digital assets without exposing private keys. Qredo's MPC-powered wallet infrastructure eliminates the risk of private key theft while enabling instant, gas-free transactions.
The QRDO token incentivizes network participation, allowing users to stake for rewards, reduce fees, and influence protocol governance.
How does Qredo work?
Qredo operates using multi-party computation (MPC) wallets, where private keys are distributed across multiple nodes, ensuring non-custodial security while maintaining instant asset mobility. Qredo supports cross-chain settlements, enabling users to transfer assets seamlessly across different blockchains without relying on wrapped tokens.
The QRDO token is used for staking, governance, and transaction fee reductions, securing the network and driving ecosystem growth.
Qredo milestones
Launch of MPC-Powered Wallets: Introduced institutional-grade decentralized custody.
Integration with Cross-Chain Networks: Enabled secure, gas-free asset transfers across blockchains.
Introduction of QRDO Staking: Provided rewards and governance participation for token holders.
Institutional and DeFi Adoption: Partnered with major financial firms for secure crypto asset management.
Advancements in Security and Compliance: Strengthened infrastructure for institutional crypto custody.
Qredo continues to redefine digital asset security, offering a fast, secure, and decentralized solution for institutional and DeFi users.
Buy Qredo (QRDO) on BITmarkets.
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