RINO, a company run by long time Monero enthusiasts and crypto entrepreneurs, has announced that its enterprise wallet is now free to use. The wallet enables financial industry best practices such as spending limits and four-eye approvals. Organizations can now sign up instantly and get started without having to deal with sales people or subscription models.Monero core-team member binaryFate, an early investor in RINO, believes that this move is a gamechanger for the Monero ecosystem. Until now, no wallet had addressed the needs of businesses. RINO enterprise wallet fills that gap with functionalities catering specifically to teams and organizations.RINO allows clients to set up policies to securely interact with shared wallets within a team. These policies, such as spending limits, four-eye sign-off, view-only wallets, etc, are features that are common in the traditional financial sector. RINO’s SaaS offering allows for painless Monero integration, and its wallet interface (API) allows users to build services upon, without exposing them to the complexities of the Monero protocol.RINO is a non-custodial wallet, meaning that it does not have the keys required to spend its clients’ money. Its cryptographic mechanisms are open source, and verifiable through reproducible builds. With RINO, an organization can secure and interact with its own funds in ways that are just not possible without it.RINO enterprise wallet is now free, making it easier for any team to leverage its powerful features.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 9 |
| People | Monero Core-Team Member, BinaryFate, Crypto News Flash. |
| Companies | Monero, RINO, Fireblocks, Bitgo, Monero core-team, Copper, Multi-Party Computation (MPC), binaryFate |
| Currencies | Monero, US Dollar, Ethereum, Bitcoin, Euro |
| Securities | None |
