Details

Industries

Blockchain,Consulting,Cryptocurrency,Cyber Security,Information Technology,Service Industry,Software,UX Design,Web Development

Founded date

Jan 1, 2022

Number Of Employee

1 - 10

Operating Status

Active

Legal Name

Tookey.io

Also Known As

2K security

TOOKEY - asset and access management protocol that intends to transform the enterprise private key management paradigm across Web3, DeFi, and Collectible platforms.

The problem scope is massive: more than $500 million was stolen from only 4 protocols in December 2021 due to a compromised secret key issue. Cross-chain bridges remain a major target for hackers, with 3 bridges breached in October 2022 and nearly $600 million stolen.

Tookey identifies threats of private key compromise and fraudulent transaction pushing, letting developers to integrate and deploy distributed private key management solution quickly.
This is now possible due to the implementation of Threshold signature schemes. TSS allows several people to sign transactions using a single public key.

Pluggable Tookey's core components are the TSS participation library and the Key Service API. These components enable the development of third-party applications such as DeFi protocol maintenance tools, end-user wallets, CEX depositaries, escrow services, and so on.