**IOTA Partners with zCloak.Money to Enhance On-Chain Passkey Wallet Support for Enterprise Users**
IOTA has announced a strategic partnership with zCloak.Money to push forward on-chain passkey wallet support tailored for enterprise users. This collaboration aims to strengthen digital ownership, deliver enhanced security, and provide next-level control for organizations managing valuable digital assets.
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### Integration Brings Multisig Tools and Biometric Passkey Access
The integration integrates IOTA into the zCloak.Money platform, which offers an entirely on-chain passkey wallet designed specifically for enterprises seeking transparent oversight, reliable access control, and robust protection. zCloak.Money emphasizes strong safeguards without relying on third-party custodians by keeping all wallet functions fully on-chain and avoiding hidden access paths.
A spokesperson from the ZCloak Network stated:
*”We’re thrilled to welcome IOTA to the zCloak.Money platform — the first enterprise passkey wallet that’s 100% on-chain, architecturally secure, and built for decision makers.”*
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### IOTA Partnership Bolsters Wallet Security Features
A key aspect of this integration is the introduction of an enterprise multisig wallet. This feature offers weighted approvals, customizable permission settings, and spending limits, making it ideal for teams managing shared resources. These controls allow companies to assign authority in a structured manner while maintaining full ownership over their digital assets.
Additionally, zCloak.Money replaces traditional seed phrases—which can be lost or mishandled—with a biometric passkey login system. This innovation reduces risks associated with staff managing sensitive accounts and eliminates problems tied to conventional recovery phrases.
This collaboration marks a significant step forward for enterprises aiming to combine IOTA’s technology stack with a wallet model built to meet organizational demands. Once fully integrated, users within the IOTA ecosystem will have access to the advanced features provided by the zCloak.Money wallet.
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### Supporting Global Trade Through IOTA Projects
Beyond wallet innovation, this partnership aligns with IOTA’s broader vision to create the “largest global cluster of international trade.” This initiative seeks to establish a decentralized network connecting various participants in trade and finance worldwide, fostering an ecosystem where trade flows are transparent, efficient, and verifiable through distributed ledger technologies.
Several projects underpin this ambitious plan:
– **Trade Worldwide Information Network (TWIN):** Facilitates instant, secure exchange of trade data across international supply chains.
– **Trade and Logistics Information Pipeline (TLIP):** Enhances communication among trading partners, reducing errors and manual delays.
– **Salus Platform:** Focuses on financing digital trade in critical minerals.
– **TradeFlow Capital:** Bridges tokenized trade assets with real-world investment capital.
These projects are actively supporting the movement of key minerals such as tin and tantalum from Africa, signaling a transition from pilot phases to real-world deployment.
A critical element underpinning IOTA’s global trade strategy is the use of verifiable digital identities enabled through GLEIF’s vLEI technology. This system empowers businesses and institutions to validate their identities and transactions on-chain, reducing reliance on paper documentation and intermediaries.
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### Market Update
At the time of writing, the IOTA native token is trading at $0.130, having declined approximately 8% over the past 24 hours, reflecting a broader bearish trend across the market.
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This partnership between IOTA and zCloak.Money not only enhances enterprise wallet security but also advances IOTA’s mission to revolutionize international trade through decentralized technologies. Stay tuned for further updates as the integration progresses.
https://www.crypto-news-flash.com/iota-integrates-with-zcloak-money/