We are very pleased to announce that DigiThree Labs, will partner with LCX Exchange to provide a formal Proof-of-Concept agreement.
LCX Exchange is a secure and regulated platform for buying, selling, transferring, and storing digital currencies. LCX is pioneering a blockchain infrastructure that bridges the gap between traditional monetary systems and the fast-moving, trusted technology landscape.
LCX was founded in 2018 with its headquarters in Vaduz (Liechtenstein) and branches in Crypto-Valley Zug (Switzerland) and New Delhi (India).
DigiThree Labs offers a suite of cloud-based enterprise solutions to help businesses accelerate seamless digital transformation that is quantum-safe, decentralized, scalable, peer-to-peer, and blockchain-secured. DigiThree is the enterprise solutions unit of the DigiCorp Labs family – an ecosystem of secure, decentralized, metaverse-based services designed to build an inherently secure, people-centric, value creation-focused web of tomorrow.
LCX will pilot the DGMV Authenticator to secure its login procedures and to safeguard passwords. The initial roll-out will be Q2/Q3, 2022. DGMV Authenticator is a highly secure blockchain-based authentication method that will be offered alongside username, password, and 2FA to further improve user security. Once the pilot is complete the key learnings and results will be used to improve the DGMV Authenticator and prepare for market launch.
Security is a key driver of digital transformation in every industry, and we feel this is a major step for both LCX and DigiThree Labs. DigiCorp Labs is very excited to expand the existing relationship with LCX during the Proof-of-Concept phase and feel that this is a demonstration of the innovative and exciting approach we are taking.
We also appreciate the opportunity that this Proof-of-Concept represents for DigiCorp Labs and its entities, and we are very proud to secure our first exchange relationship with a fully licensed and regulated platform in one of the largest economic hubs in the world.
LCX CEO, Monty Metger, said, “Security threats are rising and phishing attacks are often targeting login details of users. That's why we are excited to work with DigiCorp Labs to pilot the latest cyber security technologies and in particular the DGMV Authenticator.”
Jozua van der Deijl, DigiCorp Labs CEO, said, “DigiCorp Labs is excited that LCX is taking user security very seriously, and we hope this sets an example for other exchanges to integrate DGMV Authenticator as an extra level of security on their platforms.”
Our Secure Authenticator is part of the DigiThree Labs Home & Office Metaverse Suite.
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