RioWallet Integrates Torus Authentication System

Published on: 13.07.2021

RioDeFi is thrilled to announce the release of the second generation of its desktop cryptocurrency wallet. RioWallet V2.1 features especially Torus, an authentication system that enables users to access their crypto wallet using their social media login.

RioDeFi chooses Torus because it allows users to login to dApps with OAuth protocol via Google, Facebook, or Reddit without sharing passwords or private keys. Torus technology stack includes an SDK of authentication and key management products, powered by a decentralized non-custodial PKI infrastructure that is maintained by users themselves and large stakeholders in the blockchain ecosystem.

Currently the Torus network is supported by a collective of validator nodes run by Binance, Etherscan, ENS, Tendermint and other ecosystem stakeholders. Their solution is blockchain agnostic as they believe an improved developer experience/user experience should be accessible for everyone.

By implementing Torus authentication system in RioWallet will help lower the barrier to entry for new users to explore and try decentralized applications.

ABOUT RioDeFi
RioDeFi
accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services.

ABOUT Torus
Torus is a private key management firm that develops and provides dApp authentication via OAuth API to improve logins for dApps (Decentralized Application). Torus allows users to login to dApps with OAuth protocol via Google, Facebook, Github etc without sharing passwords or private keys. Torus aims to make trustless logins more secure, advanced and common.

RESOURCES
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