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ChainIT® Brings “Your Face Is Your Password” to Web3 with Organizational MPC Wallets

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ChainIT® Brings “Your Face Is Your Password” to Web3 with Organizational MPC Wallets

ChainIT Inc. announced production availability of its organizational Multi-Party Computation (MPC) wallets, connecting passwordless ChainIT ID with transaction-specific authority checks before signing. This release requires a verified, authorized organizational member to approve each transaction signed through the wallet. The capability is included at no additional cost in each ChainIT organizational digital identity profile.

The announcement follows ChainIT’s October 6 presentation of its Agentic Web3 Complete Commerce architecture during TOKEN2049 Week. The wallet launch focuses on the people and organizations behind those transactions: confirming who they are, confirming they are currently authorized to act, and requiring their approval before any funds move.

“A password is not a verified identity, and logging in is not authority to move company assets,” said Jeremy Blackburn, Founder and Chief Executive Officer of ChainIT. “ChainIT connects who you are, what you are authorized to do and the transaction you approve. Your face is your password. Your authority is verified before the wallet signs. That is a Web3 solution for Web3 companies.”

Passwords and passphrases can be copied, shared, phished or forgotten. ChainIT ID removes the need for a memorized account password or passphrase, combining biometric liveness, device verification and cryptographic proof of identity. One-time verification challenges remain part of applicable security workflows.

In the organizational wallet flow, the member completes biometric liveness and wallet authentication, then signs an operation-specific approval using their own wallet identity. The live-person check occurs outside the signing enclaves. The Primary enclave—the isolated environment that verifies authorization before signing—then confirms that the wallet-signed approval came from a registered member of the organization and matches the requested action.


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