The Sandbox collaborates with Ledger Enterprise
Leading NFT powered virtual world, The sandboxhas entered into cooperation with Ledger Enterprise to help businesses protect their digital assets in the Metaverse. The partnership will provide additional security to enterprise customers using The Sandbox platform, protecting them from widespread fraud and hacking. In addition, it will save these businesses from the mismanagement of assets, which has been evident in the area in recent years.
According to the official statement, this partnership will include several initiatives for both entities. The first will be the addition of The Sandbox dApp on Ledger Enterprise. This will simplify the process of acquiring LAND and interacting with The Sandbox ecosystem for Ledger Enterprise clients. Additionally, a Sandbox widget will be added to the Ledger Live desktop app.
Furthermore, both companies will aim to promote each other’s services to their respective customers. For example, The Sandbox will recommend Ledger as a custodial 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 security by migrating all NFTs held in its non-fungible token wallet to a secure Ledger Enterprise wallet.
The sandbox and ledger to make Metaverse safe for brands
In a statement, Sebastien Borget, co-founder and COO of Sandbox, said the platform is excited to deepen its partnership with Ledger to increase security for brands entering the Metaverse. He adds further “We’re making it easier for our users to access Ledger and for Ledger clients to access The Sandbox, and it will also make it easier and safer for individuals and brands to thrive in the metaverse.”
Alex Zinder, Head of Enterprise at Ledger, is equally excited about the deal. He notes, “Ledger Enterprise is proud to provide the security that businesses and consumers deserve.”
The collaboration marks a major step for the Web3 space as both seek to increase security for businesses in the Metaverse.
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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 around the world.
