In a groundbreaking move, RINO has announced that its enterprise wallet is now completely free to use, marking a significant milestone for the Monero ecosystem. RINO’s enterprise wallet is poised to reshape the way businesses interact with Monero, offering unparalleled features and security.
Unlike other Monero wallets in the market, RINO’s enterprise wallet is tailored to meet the unique needs of businesses and organizations. This wallet brings financial industry best practices to the world of cryptocurrency, including spending limits and four-eye approvals, ensuring a secure and compliant environment.
BinaryFate, a core team member of Monero and an early investor in RINO, emphasized the importance of such a service, stating, “Having a service like RINO is essential for the wider industry adoption of Monero.” With crypto businesses already utilizing enterprise wallets for various digital assets, RINO’s decision to offer their enterprise wallet for free is poised to be a game-changer for the Monero ecosystem.
Key Features of RINO’s Enterprise Wallet:
Secure Workflows
RINO empowers clients to establish policies for secure interactions within their teams. Features like spending limits, four-eye sign-off, view-only wallets, and more are now at the disposal of Monero users. RINO’s groundbreaking achievement is its ability to provide secure, non-custodial workflows on the Monero blockchain, addressing a previously unmet need.
Cost Savings
RINO simplifies Monero integration with its SaaS offering. It provides a stable wallet interface (API) for building services without exposing users to the complexities of the Monero protocol, resulting in cost-effective solutions.
Trust
RINO operates as a non-custodial wallet, meaning it never has access to clients’ funds. The cryptographic mechanisms are open source and verifiable through reproducible builds, instilling trust and transparency.
Unique Technology
RINO leverages Monero Multi-Party Computation (MPC) to deliver rich features while maintaining its non-custodial nature. This unique technology enables organizations to interact with their funds in unprecedented ways.
With RINO’s enterprise wallet now free as of October 2, 2023, organizations can easily harness its powerful features. Assign specific roles, implement policies, and ensure secure interactions within your team. For instance, transactions can be initiated by spenders but require multiple approvals for confirmation, or view-only access can be granted for internal accounting and external auditing purposes.
RINO’s commitment to advancing the Monero ecosystem by providing cutting-edge solutions reaffirms its position as an industry leader. Embrace the future of Monero with RINO’s free enterprise wallet and unlock new possibilities for your organization.
About RINO
RINO is a company run by long time Monero enthusiasts and crypto entrepreneurs. RINO’s mission is to enable the adoption of Monero by the mainstream financial industry.
