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ORE ID Crosses 200K Accounts and Launches Enhanced ORE ID Developer Experience with In-App Transaction Signing


News provided by

AIKON

Jun 06, 2022, 09:00 ET

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We are excited to announce the launch of an enhanced ORE ID experience that both developers and end-users will love. Now, developers have a simple, secure and customizable UX process for built-in blockchain transactions — without ever needing to redirect the end-user for transaction signing.

SAN FRANCISCO, June 6, 2022 /PRNewswire-PRWeb/ -- Authorizing in-app blockchain transactions is a cumbersome, clunky experience for developers and end-users alike. The current industry standard requires the end user to leave popular play-to-earn (P2E) games or decentralized applications (dApps) to authorize transactions via a third-party vendor. This requires additional developer work, testing and ultimately slow time-to-market.

AIKON is changing the status quo.

“Over the past five months, we doubled ORE ID's user base. Today, we’re now over 200K accounts on the ORE Network and with this new ORE ID developer experience, we expect to see continued exponential growth,” explains AIKON CEO & ORE Network Core Contributor, Marc Blinder.

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We are excited to announce the launch of an enhanced ORE ID experience that both developers and end-users will love. Now, developers have a simple, secure and customizable UX process for built-in blockchain transactions — without ever needing to redirect the end-user for transaction signing.

ORE ID's account growth is skyrocketing, proving that ORE ID is a much-needed tool in the industry.

"While it took us two years to accumulate our first 37,000 users, we doubled that between October 2021 to January 2022. Over the past five months, we doubled our user base again. Today, we're now over 200,000 accounts on the ORE Network! And with this new ORE ID developer experience, we expect to see continued exponential growth," explains AIKON CEO and ORE Network Core Contributor, Marc Blinder.

Simple and Fast Transaction Signing
AIKON's ORE ID is a single sign-on authentication platform that works cross-chain with Algorand, Ethereum, EOS and more. By using everyday Web2 logins like GMail, Facebook, email, and SMS, end-users of any web or mobile app easily create an on-chain wallet upon the first login.

Their private key is encrypted with a PIN of their choosing — so users never need to remember their blockchain accounts or keys. Built on the Open Rights Exchange (ORE) Network and used by both developers and businesses, like gaming pioneer RedFOX Labs, ORE ID allows users to manage their own public and private keys — and ultimately their own identity.

But unlike competing Web3 authentication platforms, ORE ID is built for the user's entire digital identity management — because we know that authentication doesn't end at the wallet creation stage. By using their same credentials, end users can sign transactions directly in an application for the best, streamlined UX. Signing transactions is as easy as 1, 2, 3.

Anyone who wants to use the ORE Network has to buy and use ORE Tokens to store data in the registry. Anytime a business creates a new account on the ORE Network for its users, the business needs to purchase ORE Tokens.

To create an account, 10 ORE tokens are staked to the network. As the network grows, the amount of ORE needed to be staked will decrease incrementally, further increasing the utility of ORE Token.

Start Building with ORE ID Today
On top of the improved experience, dApp builders can now get up and running faster through our streamlined ORE ID documentation, guides and sample applications for the most popular frameworks and blockchains.

ORE ID allows developers to provide their dApp users with a simple wallet creation experience and fast in-app transaction signing. Get started with ORE ID today.

About AIKON
Blockchain and crypto are technologically complex. AIKON makes it simple. We've built a suite of intuitive products built on the ORE Network ($ORE) for enterprise companies looking to provide a seamless user experience that works cross-chain with Algorand, Ethereum, EOS and more.
Website | Twitter | Telegram | LinkedIn | Blog

Media Contact

Caitlin Abejon, AIKON, 1 6506699288, [email protected]

SOURCE AIKON

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AIKON Launches Enhanced ORE ID Developer Experience with In-App Transaction Auth
AIKON Launches Enhanced ORE ID Developer Experience with In-App Transaction Auth
AIKON Launches Enhanced ORE ID Developer Experience with In-App Transaction Auth

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