Arch is a financial web app that uses the latest technology and protocols to protect your assets. Here are some of the reasons why Arch is a safe and secure platform:
Non-custodial: Arch is a non-custodial platform, meaning that users retain complete control over their assets. This eliminates the risk of your assets being lost or stolen by a centralized entity.
Self-custody wallet: Arch requires users to log in using their self-custody wallet, which is a secure and reliable wallet that has been audited and vetted by security experts.
Self-custody wallets are considered safe because they give the user full control over their private keys, which are used to access and manage their assets. With self-custody wallets, users can generate their own private keys, which are then stored securely on their device or in cold storage.
Since the private keys are not stored on a third-party server, there is no risk of a centralized entity getting hacked and losing the user's assets. Additionally, self-custody wallets provide anonymity and protect users from being tracked or having their data sold to third parties.
Smart contracts: Arch uses smart contracts to manage transactions and create portfolios. Smart contracts are secure, transparent, and tamper-proof, ensuring that all transactions are executed as intended. If you want to know more about what smart contracts are, you can see the following article.
Overall, Arch has been designed with security in mind and uses the latest technology to ensure that your assets are safe and secure.
If you have any questions regarding our security measures, please feel free to contact our team through the chat.