Ika, the fastest parallel MPC network, has announced a major partnership with human.tech to introduce Wallet-as-a-Protocol (WaaP), a new category of decentralized wallet infrastructure secured by Ika's breakthrough 2PC-MPC cryptography. This innovation marks the first time in crypto that wallet logic, key management, and access control are decentralized across a zero-trust network, providing wallet functionality via a decentralized Sui protocol instead of a centralized service.
The transition from Wallet-as-a-Service (WaaS) to WaaP addresses longstanding issues like custodial risks, security vulnerabilities, and limited interoperability. With WaaP, a user's key share remains local, while Ika's decentralized network operates the co-signing share under zero-trust conditions, ensuring no single entity—including human.tech—can access or reconstruct the full private key. This transforms Human Wallet from a service provider into open, decentralized infrastructure, enabling universal accounts that work seamlessly across dApps, devices, and chains.
David Lachmish, Co-Founder of Ika, stated, "2PC-MPC changes what a wallet can be. It removes unilateral control, scales to real-world throughput, and for the first time, makes decentralized, flexible, and secure wallets practical at the infrastructure level." The technology behind WaaP involves splitting private keys into two independent cryptographic shares: a user share held locally and a network share operated by Ika's decentralized 2PC-MPC network. Both shares are required for any signature, and the full key is never reconstructed, creating a zero-trust signing environment resistant to local compromise and network-level collusion, with sub-second signing latency at scale.
Key benefits of WaaP include decentralized security by removing single points of failure, censorship resistance, zero-trust user experience with intent validation, and protocol-level composability for universal wallets without per-wallet fees. The protocol is universal and generic, supporting Bitcoin, Solana, and full EIP-1193 compliance for Ethereum and other EVM-compatible chains. Integration for developers takes minutes with quick-start examples and a developer portal, offering seamless onboarding, programmable policies, gas sponsorship, and multi-factor authentication enforced cryptographically at the wallet layer.
Nanak Nihal Singh Khalsa, Co-Founder of Human Tech, emphasized, "Wallet-as-a-Protocol is what Wallet-as-a-Service wanted to be. It gives users ownership, developers composability, and the ecosystem a path to eliminate trusted intermediaries—all made possible by 2PC-MPC." Combined with Ika's MPC network on Sui, WaaP extends to cross-chain coordination, unifying decentralized security and interoperability.
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