Augur has teamed up with Airbitz Ethereum-based prediction market platform Augur is using Airbitz Edge Security, the battle-tested blockchain security solution that automatically encrypts, backs up, and synchronises private keys and account data across devices.
The Edge Security Platform delivers an easy to use, secure account creation process and works by securing personal devices of end-users including phones and tablets, rather than trying to secure the central servers where data is held. The partnership with Augur will introduce the Airbitz security platform to other Ethereum-based decentralised applications (Dapps), said a statement.
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Augur has been described as "Uber for knowledge". It provides a decentralised (hence incorruptible) prediction market platform, where the wisdom of the crowd will answer questions about any potential future state of affairs; Augur allows people to speculate or hedge on the outcome of anything that can be posed as a question. It was really the first Dapp to become established on Ethereum and it raised $5.3m in the first crowdsale involving the technology after Ethereum itself.
Joey Krug, Augur Core Developer, Forecast Foundation, said "One of the biggest usability issues with decentralized apps at the moment is that there’s no good way to store private keys and account data without resorting to a centralised server: Airbitz solves this problem for Augur."
Jack Peterson, Augur Core Developer, Forecast Foundation, added: "We want Augur to be just like using a regular website, from the user’s point of view. Our partnership with Airbitz is a big step towards this goal: users will have the option to use a more traditional accounts system, instead of having to manually manage their cryptographic keys."
The Augur deal means any Ethereum based app can now deploy Edge Security for its endusers making usability much more accessible to a mainstream audience while still […]
