Decentralized secret management service Seal is launched on Sui Testnet

CoinRank News: Mysten Labs announced that a decentralized secret management (DSM) service, Seal, is now live on Sui Testnet. Seal provides on-chain access control and threshold encryption, aiming to solve security issues such as data encryption storage, private messaging, and content access for Web3 applications. It provides developers with a decentralized, flexible, and application-compatible security solution. Seal features include on-chain access control and threshold encryption that eliminates single points of failure through Move smart contracts, supporting multiple application scenarios such as content encryption, game logic, Web3 messaging, etc., ensuring that Web3 applications can better protect user data and avoid relying on centralized key management.