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Qredo

Fintech · London, United Kingdom · Founded 2011

Qredo is a startup that operates in the cryptocurrency and blockchain technology market. It provides a secure platform for individuals and businesses to store, manage, and trade their digital assets. The company's primary clients are traders and exchange partners who are looking for a secure and efficient way to manage their digital assets. Qredo's business model is based on its unique distributed multi-party computation (dMPC) technology. This technology allows for secure custody of digital assets without the need for local or central private key storage. In simple terms, it means that the users' digital assets are stored in a decentralized manner, making them more secure and less prone to hacking. The company also offers a Qredo Vault, a secure storage solution for digital assets. This vault allows users to set their own rules for managing their digital assets and provides secure access to decentralized finance (DeFi) through their Web3 Wallet. In addition to secure storage and management of digital assets, Qredo also offers a trading platform. This platform allows users to trade directly from their self-custody, helping them to achieve higher trading volumes. Qredo also provides compliance solutions, making it easier for businesses to comply with regulatory requirements. It offers analytics software and secure data sharing capabilities, simplifying the process of identifying other virtual asset service providers (VASPs) and ensuring compliance with the Travel Rule. In terms of revenue generation, Qredo likely makes money by charging fees for its storage, trading, and compliance services. Keywords: Cryptocurrency, Blockchain, Digital Assets, Secure Storage, Trading Platform, Compliance Solutions, Distributed Multi-Party Computation (dMPC), Qredo Vault, DeFi, Web3 Wallet.