Compliance & Security
At Peer2Play, compliance and security are foundational pillars that guide every aspect of our protocol. We recognize that a robust decentralized gaming ecosystem must not only innovate but also adhere to regulatory standards and prioritize the safety of user assets and data. Our commitment to compliance and security ensures trust, transparency, and a resilient platform for all stakeholders. Regulatory Compliance
Security Measures
MPC Wallet & Encryption:
Multi-Party Computation (MPC) Wallet: Our MPC wallet system splits private keys using Shamir's Secret Sharing, making it nearly impossible for a single attacker to compromise user funds. The wallet’s architecture ensures that sensitive key components remain distributed and encrypted. Advanced Encryption Practices: All user data and sensitive wallet information are protected by state-of-the-art encryption protocols during transmission and storage. The use of a 12-word recovery phrase adds an additional layer of security for key recovery, safeguarding against unauthorized access.
Data Security and Storage:
Secure Storage Solutions: User credentials, key shares, and other sensitive data are stored in secure databases with multi-layered encryption. Backend key shares and backups are managed using AWS Key Management Service (KMS) for robust security and disaster recovery. Regular Security Audits: Beyond smart contracts, our entire infrastructure—including APIs, SDKs, and frontend applications—is regularly tested for vulnerabilities. Penetration tests, code reviews, and security audits are standard practice to stay ahead of emerging threats.
Continuous Monitoring and Incident Response:
Real-Time Monitoring: We employ sophisticated monitoring tools that observe platform activities in real time, detecting suspicious patterns or potential breaches swiftly. Incident Response Plan: Peer2Play maintains a detailed incident response plan designed to mitigate and manage security incidents effectively. This plan includes immediate isolation of affected components, transparent communication with users, and a structured recovery process to restore normal operations while preserving user trust.
Community Trust and Transparency
By integrating compliance and security into the core of our operations, Peer2Play not only meets regulatory requirements but also builds community trust. Transparent reporting on audits, security enhancements, and regulatory compliance updates reinforces our dedication to a safe and legally sound environment where developers, players, influencers, and investors can confidently engage in the decentralized gaming economy.