Pera Launches in Tel Aviv: A New Era for Zero Trust Protocols

On September 6th, 2024, in Tel Aviv, Israel, the dWallet Network rebranded itself as Pera, marking a significant evolution in its mission to enhance developer access to Zero Trust Protocols (ZTPs). The rebranding reflects a commitment to innovation in the Web3 space, with a focus on securely managing digital assets across various networks. The foundational dWallet primitive remains central to the platform, enabling seamless operation of ZTPs across multiple blockchains. Omer Sadika, co-founder of Pera, emphasized the company's dedication to addressing critical challenges in decentralized technology. The upcoming mainnet launch is anticipated to set new standards in the industry, with promises of exciting updates in the near future. Pera's approach to ZTPs aims to eliminate risks associated with trusted third parties, which can be vulnerable to hacking or malicious actions. At the heart of Pera's architecture is the dWallet, a cryptographic primitive that enforces transaction logic based on user-generated signatures. This innovative mechanism allows developers to create secure decentralized applications that operate across the entire Web3 ecosystem. The platform is powered by a novel cryptographic scheme, 2PC-MPC, which ensures that user consent is cryptographically enforced. Pera's use cases are diverse, including decentralized custody, native staking, atomic swaps, multi-chain lending, and more. The rebranding to Pera signifies a new chapter in the evolution of Zero Trust Protocols, positioning the platform as a leader in the decentralized technology landscape.