The blockchain industry moves fast — and this means it's crucial for major protocols to evolve in line with the latest innovations, keeping up with customer demand.
Shield Protocol initially launched in February 2021, and its team say they have been working tirelessly to provide additional utility for users — boosting its app with even more services.
The project says it is delivering two-factor authentication on the blockchain for the first time, and this means users can back up and restore their accounts on Binance Smart Chain, Kucoin Community Chain, Fantom Opera and Polygon.
For crypto investors, the incentive is simple: they no longer need to rely on centralized servers where there's a risk their personal data is being collected.
In a nod to interoperability, Shield Protocol says that it's compatible with major crypto exchanges, not to mention some of the world's biggest social networks — Facebook and Twitter among them. It's even possible to add 2FA to your Amazon account with this tool, preventing your Prime subscription from being misused by fraudsters.
Within the app, users can take advantage of a multi-chain wallet where over 10 networks are currently supported, with more being added on a regular basis. This means coins can be sent, received and stored in one place — irrespective of the blockchain they're based on.
Shield Protocol's journey over the past 18 months hasn't ended here, with the team also unveiling an NFT collection that boasts 1,111 ERC-721 tokens.
Known as Shield Warrior Ape Gang — or SWAG for short — owners can get their hands on legendary and unique collectibles and even have the potential to earn rewards if they choose to stake their NFTs.
SWAG holders also have the chance to be placed on a whitelist
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