Virtual world leader in NFT technology, the sandboxhas been associated with accounting firm to help companies safeguard their digital assets in the Metaverse. The partnership will provide additional security for enterprise customers using The Sandbox platform, thus protecting them from rampant scams and attacks. Furthermore, it will save these businesses from asset mismanagement, which has been evident in the space in recent years.
According to the official statement, this alliance will have multiple initiatives for both entities. The first will be the addition of The Sandbox dApp in Ledger Enterprise. This will simplify the process of acquiring LAND and interacting with The Sandbox ecosystem for Ledger Enterprise customers. Additionally, a Sandbox widget will be added to the Ledger Live desktop app.
we are partnering with @ledger_business to improve the security of companies in the #metaverse! 🔒
Bringing scalable security and treasury management to #ElAreneroand enabling seamless integration for brand partners.#LedgerEnterprise @Ledger pic.twitter.com/WELaF0MiXm
— The Sandbox (@TheSandboxGame) March 23, 2023
In addition, both companies will attempt to promote each other’s services to their respective customers. For example, The Sandbox will recommend Ledger as an escrow service to its LAND owners, while the hardware wallet solution will recommend The Sandbox to some of its interested customers. Finally, The Sandbox will also increase your security by migrating all NFTs held in your non-fungible token wallet to a Ledger Enterprise secure wallet.
Sandbox and Ledger to make the metaverse safe for brands
In a statement, Sebastien Borget, co-founder and COO of Sandbox, says the platform is excited to deepen its partnership with Ledger to increase security for brands entering the Metaverse. He goes on to add that “We are making it easier for our users to access Ledger and for Ledger customers to access The Sandbox, and that will also make it easier and safer for people and brands to thrive in the metaverse.”
Alex Zinder, Ledger’s head of business, is equally enthusiastic about the deal. He notices, “Ledger Enterprise prides itself on providing the peace of mind that businesses and consumers deserve.”
The collaboration marks a big step for the Web3 space as they both look to increase security for enterprises in the Metaverse.
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*All investment/financial opinions expressed by NFT Plazas come from the personal research and experience of our site moderators and are intended for educational purposes only. People are required to fully research any product before making any type of investment.
Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media outlets around the world.
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