Ika, the fastest multi-party computation (MPC) network, announces its launch on the Sui blockchain. Following a record-setting 1.4 million SUI NFT art campaign, Ika affirms its position in decentralization and security technology.
Ika: Innovations in MPC Technology
Ika represents the first MPC network with sub-second latency, ensuring zero-trust interoperability between blockchains. Utilizing the 2PC-MPC technology and Sui's Mysticeti protocol, Ika provides unparalleled performance and resilience under high load.
Ika's Applications in Web3
Ika will support a variety of applications on the Sui blockchain, including decentralized finance (DeFi), secure storage of digital assets, and programmable Bitcoin. This will positively impact the Web3 ecosystem through instant and secure transaction processing.
Support for Ika through Strategic Investments
Strategic investments from the Sui Foundation highlight Sui's commitment to advancing cutting-edge technologies, strengthening synergy within the ecosystem. Ika has also attracted attention from major players in Web3, securing over $21 million in funding and high valuations during private placements.
The launch of Ika on the Sui blockchain could significantly transform approaches to decentralized security and cross-chain interoperability, opening new opportunities for users and developers across the Web3.
