yields great results Bitpowr Enjoys Impressive Year-End Results

By 2023, we have seen marked differences from what was expected in 2022. Profound changes have been witnessed in the crypto environment throughout both years. The decline of prominent exchanges, DeFI systems, and companies caused a dip in crypto prices and a lack of faith from businesspeople, high-net-worth investors, and venture capitalists. This brought about a move towards self-custody, which in turn sparked the rise of services such as MPC (Multi-Party Computation). Despite all the challenges of 2023, Bitpowr has been remarkably successful. We've seen impressive growth in our business and have offered our customers innovative features and products. By December 2022, we had achieved a processing volume of $2m per month. But by September 2023, this had dramatically risen to over $16m+ per month. Moreover, during 2023, we welcomed and collaborated with over 50 fascinating customers in Asia and Africa, each with distinct applications. In July 2023, I tweeted that, in a little over a month, Bitpowr had managed to process more than $70 million in Total Transaction Volume (TTV) on X. This figure increased to more than $100 million by the end of August, and within four months that amount had doubled. By 2023, our customers had made 15 million API calls and we managed over 700,000 blockchain-based transactions with a combined value of more than $200m+. We incorporated three Layer 2 blockchains–Base, Arbitrum, and Optimism–as well as Near, Avalanche, Hedera, and Tezos. During the last few months, there has been an extraordinary boost in the desire for self-custody solutions, resulting in the development of solutions based on MPC and account abstraction smart wallets to improve user experience on the EVM chain. Bitpowr was founded to enable businesses to make the most of digital assets with the help of blockchain technology, without needing to struggle through complex procedures. Through its infrastructure, businesses can create blockchain-based products. In January of 2022, Bitpowr Custody was introduced as our first item. This wallet framework and MPC-based custody solution makes it possible for companies to securely administer digital assets and create dependable wallets for their customers. One of the primary requests was to strengthen the capability of the created wallet interactions, like giving users the ability to operate with decentralized finance (DeFi), sign unprocessed transactions and messages, carry out on-chain interactions like swaps, and give organizations the option of offering complete authority of the wallet to users. This has allowed for a reset in keeping with our original idea of a programmable, secure wallet and self-custody option, allowing complete authority and safety of customers' investments. We intend to make next year simpler for organizations and high-net-worth investors to manage their daily crypto strategies and operations, issue programmable wallets for users, and configure and validate transactions using a programmable policy engine through our Developer API. We have initiated the process of executing our SOC 2 Type II and ISO 27001 audits for the current year, with the intention of obtaining complete certification by the 2nd quarter of 2024. This is a great success for us, as it strengthens the security of our user's data and assets. It is a crucial achievement for Bitpowr. We are dedicated to our mission in 2024 and want to ensure that your problems are addressed. We would love to discuss how we can be of help. We highly value our conversations with customers; this feedback has significantly contributed to our progress. If you’d like to set up a call, please click the link or simply email us at hi[at]bitpowr.com. We at Bitpowr appreciate you putting your faith in us and providing us the motivation to create. I would like to extend best wishes to you, your associates, and your family for a successful year in 2024. It's been an amazing year at BitPowr! We've seen tremendous growth in our customer base, launched several new products, and added many new features to our existing products. We're proud to have been able to contribute to the success of our customers and to continue to be a leader in the industry. It has been an extraordinary year for BitPowr! Our customer base has witnessed remarkable growth, and we have been able to launch a diversity of new products in addition to introducing plenty of fresh features to our current products. We are delighted to have had the chance to be part of our customers' successes and to continue to be a frontrunner in the sector.

Source: https://medium.com/bitpowr/amazing-year-at-bitpowr-3aa16e93d31b?source=rss------fintech-5