Tweed brings digital payments infrastructure
to in-person event sign-up and scheduling
NEW
YORK, June 20, 2024 /PRNewswire/ -- Tweed, a
web3 digital payments startup, is powering a new event registration
platform for Intel Ignite, Intel Corporation's global startup
accelerator program for early-stage deep tech startups. The
integration, built on the Solana network, is
designed to streamline Intel Ignite's event processes – bringing a
deep technological approach to in-person events by creating a
bridge between the digital and physical worlds of Intel Ignite's
startup community programming.
The launch gives Intel Ignite the opportunity to have a fully
integrated event registration platform on its website, without the
need for external third party applications, allowing for Intel
Ignite to fully own the data and user journey on its digital
assets. Using this platform, Intel Ignite will further build and
grow its community of startups, founders and mentors, and scale
their events around the world, in its startup cohort locations of
Israel, the United States, the United Kingdom, and Europe, as well as during global technology
conferences.
For this new platform, Tweed's embedded wallets and payment
technology is used to tokenize each ticket as a unique
non-fungible token that is certified on the
blockchain. The platform is built exclusively on the
Solana network, taking advantage of
Solana's reliability, scalability, and efficiency.
As part of the Intel Ignite program, Tweed was mentored by
Intel's security and technology teams to shape their key management
and overall product architecture. Guidance from Intel's security
experts spanning Intel's mobile, TDX, and blockchain identity
teams, was critical in ensuring that no encryption keys are stored
on Tweed's infrastructure. With this architecture, Tweed is able to
offer the only wallet-as-a-service that enables a 100%
self-custodial solution combined with seamless recovery. The
collaboration has helped Tweed build enterprise-ready and scalable
solutions, fit for both enterprises and SMBs entering the web3
space.
"Our goal with Tweed is to create a seamless and secure
experience for every user. This product launch with Intel Ignite
not only allows us to create that experience for the tech community
and entrepreneurs, but also for an organization with which we have
a deep personal connection," said Michelle
Latzer, co-founder and chief executive officer of Tweed. "As
alumni of Intel Ignite, we have seen firsthand the value and
strength of the ties forged by being part of this amazing program.
Intel Ignite hosts a large number of events across conferences and
continents, and they want to maintain a relationship with and
provide utility to this real, worldwide community - something they
can do more easily on a verified, traceable, and programmable
blockchain network. We know our work will go back to further
growing and engendering that community."
The new event registration system is also a manifestation of a
core principle of Intel Ignite. "This ticketing launch with Tweed
demonstrates our commitment to the startups that have come through
the Intel Ignite accelerator program," said Alon Leibovich, Managing Director of Intel
Ignite Tel-Aviv, of which Tweed is an alumnus of its 8th
Cohort. "We are excited to see how the product has evolved and
their success, and look forward to supporting Tweed as the company
grows its solution set."
About Tweed
Founded in May
2022 by Michelle Latzer, CEO,
and Julie Tauber, CPO, experts
in infrastructure and payments. Tweed's goal is to compliantly
empower companies and their users to interact with blockchain
technology simply and securely, across all digital wallet
applications, including gaming, ecommerce, ticketing, and the arts.
Tweed's technology is a bridge between web2 and web3, providing a
plug and play and white-label wallet and payment infrastructure
that includes key management, wallet creation, and payment
services. With 100% self-custodial key management, companies can
onboard users globally and compliantly from day one. Find out more
at: https://www.paytweed.com/
Contact:
hello@paytweed.com
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SOURCE Tweed