TEL AVIV, Israel, June 2, 2021 / PRNewswire / – Kirobo, a leading developer of cryptocurrency solutions, announced that its crypto transfer “cancel button” is now available for transactions involving UNI, Chainlink, BNB, USDT, Sushi coin, as well as its utility token native KIRO. This extends the reach of Kirobo’s solution to more than 4.5 million holders of these coins.
The ‘undo’ solution, which has so far only been deployable for BTC and ETH transactions, is Kirobo’s first product and allows users to reverse a crypto transfer sent in error, thereby eliminating the myriad of risks human error inherent in the execution of cryptographic transactions. . The company plans to integrate its solutions on several crypto exchanges during 2021.
Tel Aviv Kirobo is a blockchain technology company that provides cutting-edge tools to users and crypto companies, helping them gain more control over their funds. Kirobo is currently helping large-scale intermediaries, crypto exchanges, and payment companies provide their users with unprecedented levels of transaction security.
Earlier this month, provider of artificial intelligence and cryptocurrency technology solutions DigiCrypts Blockchain Solutions Inc. (DigiMax) announced a strategic investment in Kirobo, aimed at accelerating the release of the crypto transaction security and wealth management products soon to be launched by Kirobo. Kirobo also recently announced the addition of the crypto pioneer Brock Pierce to his Advisory Board, where he will provide strategic advice around the global launch of the company’s product portfolio. Pierce previously co-founded EOS Alliance, Block.one, Blockchain Capital, Tether, and Mastercoin and is currently Chairman of the Bitcoin Foundation.
Kirobo has also developed a range of additional bespoke solutions suitable for crypto holders and traders – designed to further enhance the DeFi ecosystem. These solutions are expected to be released in the second and third quarters. Elements of Kirobo’s new technology solutions helped the company secure two highly regarded grants from the Israel Innovation Authority.
Commenting on the ad, Asaf Naim, said Kirobo CEO: “The full spectrum of crypto users, from novice participants to seasoned traders, should greatly benefit from Kirobo’s revolutionary trade cancellation feature, which eliminates the risk of funds lost due to human error. As the crypto landscape continues to evolve, with mainstream and institutional involvement intensifying, this type of robust transaction safety net will become a centerpiece of the industry. We’ve all heard the stories of. horror of funds sent to the wrong address or type of address, or in many unfortunate cases, wallet addresses that are simply missing a digit.
At Kirobo, we want to make crypto management as seamless and secure as online banking and ultimately give crypto users greater control over their money. Crossing this threshold represents a very important step in the continued maturity of crypto finance, and further illustrates the viability of blockchain as a store of value. In the coming weeks and months, we will be making our trade void feature available to more coins and unveiling new features that will revolutionize the way funds are managed in the larger crypto space. – underscoring our credentials as facilitators of risk-free crypto transactions. “
For more information on Kirobo’s Recoverable Transfer feature, please visit Kirobo.io.
Kirobo has one mission: to provide crypto users and businesses with cutting edge tools to better control their funds. The company’s ultimate goal is to make blockchain as simple and secure as online banking. With the support of the Israel Innovation Authority, Kirobo has already created logical layers on the Bitcoin and Ethereum network, and is deploying advanced services and solutions above this layer. The business logic layer works by providing a unique transaction code that must be entered by the recipient in order to receive funds from the sender. As long as the recipient has entered the wrong code, the sender can collect the funds at any time.