TechFlow news: The scalable blockchain MultiversX has launched an on-chain two-factor authentication standard. This technology is now used as an additional transaction signing measure on the MultiversX blockchain protocol, adding an extra layer of security to its network. The feature leverages Google Authenticator, Authy, Duo, Microsoft Authenticator, or biometric methods to provide a second signature before transactions are processed on-chain.
Beniamin Mincu, CEO of MultiversX, said that enhanced security should not come at the cost of user experience, but rather aim to reduce friction in transaction signing.
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