THELOGICALINDIAN - Exclusive Interview with Gems Julian Vergel de Dios from Inside Money 2024
By Alberto Mata
Las Vegas, Nevada – On November 2 at Money 2024 Julian Vergel de Dios, Senior Developer at Gem, a simple and defended Bitcoin belvedere for developers was active architecture an app that enables bitcoin affairs from aural messaging applications. Along with Dan Treiman, CTO of Weave, Vergel de Dios submitted the appliance to the Money 2024 hackathon for a adventitious to win a allotment of the $125,000 in banknote prices.
Gem is a new bitcoin startup that competed in the Battlefield antagonism and launched it’s clandestine beta at TechCrunch Disrupt in aboriginal September. The new startup is authoritative it accessible for bodies that may not be bitcoin or aegis experts to collaborate with bitcoin to apparatus multisig technology and body applications like HD wallets. Other API’s like Blockchain’s do not yet accredit leveraging multisig making.
The multisig arrangement acclimated in Gem is a 2 of 3 scheme. 2 keys are generated by the user, and one by Gem. The user has abounding ascendancy of the multisig abode because they own 2 out of 3 keys, and the one abode endemic by Gem brings appearance like white-listing and spending banned that could be acclimated to actualize wallets for kids that accept bound uses and circadian spending limits. Vergel de Dios told Bitcoinist that the added appearance can be acclimated to empower users with abundant appearance that are commonly provided by banks, yet can be delivered after banks by leveraging bitcoin technologies.
Photo Source: Gem Online
