All this year we’ve been releasing news of the latest partners to pledge their commitment to the REMME pilot program. The likes of Changelly and other web-based projects from throughout the crypto space — and beyond — have signed up for our 2018 pilot scheme, the latest of whom being WandX.

The decentralized ERC20 token trading platform, which also allows for the trading of token baskets, is ideal for trialling the REMME protocol for a number of reasons. Security is paramount throughout the cryptocurrency sector, but especially so when it comes to exchanges. As a DEX, WandX doesn’t retain custody of user funds, but there are still threats the platform and its users must remain vigilant to.

Specifically, there’s a need to prevent unauthorized logins from third parties who might have fraudulently accessed user details. This is a persistent threat that all consumer-oriented websites face, and it’s a primary problem REMME was designed to mitigate. One of the reasons why we’re so excited to have partnered with WandX is that it gives us the chance to test the functionality and convenience of implementing certificate-based signup and login for end users.

The first step will see the REMME WebAuth DApp integrated for a focus group formed out of WandX users in order to conduct an A/B test. This pool of users will have a chance to experience REMME’s passwordless authentication solution in action, with a view to fully rolling out this provision in future.

Founder and CEO of WandX, Abhinav Ramesh said: “We’re delighted to be one of the first companies to try out REMME’s WebAuth technology as we endeavor to make WandX the most trusted and secure decentralized Ethereum token trading exchange on the web. In doing so, we hope to ultimately be able to give our users a range of options for logging in, empowering them to choose a model that provides the level of convenience and security they desire.”

Cryptocurrency exchange security is something we’re particularly interested in at REMME, and we recently published a research paper on this topic. It detailed ways in which the REMME protocol could be used to make exchanges safer. In sealing a partnership with WandX, we’re now one step closer into turning some of these ideas into reality.