WiKey's L1 blockchain is designed to work both in the web2 and web3 world and run applications in both domains. It is designed for rapid transactions with a block time of about one second.
It supports multi-chain transactions, enabling diverse applications like smart wallets with group and conditional multi-signatures, decentralized OTC, DEX and bridge platforms, and a secure system ensuring secret keys are never lost or hacked.
Unlike other blockchains limited to their own coin—such as Bitcoin or limited to operations solely internally within the network —WiKey's blockchain allows for a much greater versatility and functionality where one set of instructions can seamlessly operate on a multiple chains creating application that only could be created before in a centralized systems.
In the WEB2 domain it supports the passkeys - FIDO2 identity and login protocols and therefore enables divers, groundbreaking web2 solutions