What is Bitcoin Signature Verification?
Bitcoin Signature Verification refers to the process by which SafeConnect validates ownership of Bitcoin wallet addresses. This feature empowers users engaging in non-custodial transactions by offering a robust mechanism to authenticate their ownership of Bitcoin wallets securely. Through integration with Ledger and Trezor hardware wallets, SafeConnect enables users to perform Bitcoin Signature Proofs effortlessly.
What Value Does it Bring?
The ability of SafeConnect to verify ownership of non-custodial wallets holds paramount importance in the realm of compliance and regulatory requirements, especially in light of the impending MiCa regulations set to take effect in 2024. By facilitating Bitcoin Signature Proofs, SafeConnect ensures that users can comply with regulatory mandates seamlessly.
Moreover, this feature enhances security measures, instilling confidence among users regarding the authenticity of their Bitcoin wallet ownership. With support for over 300 wallets, including the integration with Ledger and Trezor hardware wallets for Bitcoin verification, SafeConnect offers unparalleled flexibility and convenience to users navigating the complexities of non-custodial transactions.
ββHow can it be implemented?
If you already implemented our SafeConnect Components, simply update the SDK to immediately unlock this feature. If you haven't integrated our SafeConnect Components yet, proceed with the integration of our latest version. For more technical details, refer to our Documentation.
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Please refer to the following articles for step-by-step guides on how to sign a message using a Ledger wallet or a Trezor wallet.
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Reach out to us at support@notabene.id or contact your Customer Success Manager if you have questions or concerns.