HD Wallet

Add HD Wallets to Your Blockchain Applications the Easy Way

Kaleido makes it simple to submit transactions anonymously, mask your identity, and manage accounts with HD Wallets.

What it

HD Wallet

is

What it is

An Elegant Solution for Account Management and Identity Masking

Submit anonymous transactions, mask your identity and manage accounts. Leverage an endless key tree for account management, identity masking and anonymizing transactions.

Submit transactions anonymously and mask your true identity by leveraging an unlimited repository of one-time use addresses generated through a fully-controlled hierarchically deterministic (HD) wallet. The ID masking HD wallet offers immense benefits for anonymity via the ability to leverage a random unused “identity” for each externally signed transaction.

Unlimited, Unique Accounts & Associated Private Keys

Mask your identity on a per-transaction basis via an unlimited supply of account addresses, each with their own unique, untraceable private key. Different accounts can be used for different transaction classes or to manage the end users of an organization.

Regeneration

Easily backup and restore an exact replica of your wallet when you need it. Using a 12-word mnemonic "seed phrase” (entropy), each account can be recreated identically. Remember the mnemonic, never lose the wallet.

Multiple Wallets for Account ID Management

Partition separate wallets across your organization to avoid key reuse and duplicate signing.

Announcement

Are You a ConsenSys Quorum Blockchain User?

Kaleido is the preferred migration partner working with ConsenSys to ensure continuation of the Quorum Blockchain service. If you’re interested in continuing your service by migrating to Kaleido, please contact our team and we'll be happy to assist.

Hyperledger Fabric at a glance

Permissions

Built for permissioned networks

Governance

Data isolation and strict governance enabled by Hyperledger Fabric certificate authority

Transaction Flow

Unique Execute-Order-Commit endorsement model where transactions are initially executed on a set of peers while ordering service handles packaging and delivery

Consensus Algorithms

Ordering can be switched based on the needs of the environment with pluggable consensus algorithms

Smart Contract Language

Go, Java, Node.js

What Is Hyperledger Fabric?

Since launching in 2015, Hyperledger Fabric has been a top choice for enterprises looking to build apps on permissioned blockchain networks. The modular architecture is capable of powering large-scale applications that require enterprise-grade data security.

The ability to protect certain details of peer transactions has made Hyperledger Fabric a go-to protocol for industries like financial services, supply chains, and the insurance industry. It works for complex use cases that involve personally identifiable information and proprietary business data.

Hyperledger Fabric is one of the many protocol choices available on Kaleido. With a full suite of plug and play services, flexible cloud deployment options, and powerful APIs, Kaleido is the easiest way to run a Fabric network anywhere.

Benefits of Hyperledger Fabric

Hyperledger Fabric is an open source project designed to handle enterprise-grade use cases. Key differentiators are its quick transaction throughput and its modularity, allowing for more innovation and optimization regardless of industry use cases. Other benefits include scalability and security, key pillars of any enterprise application.

Modular & Pluggable

Hyperledger Fabric is a modular blockchain framework that allows you to plug in different components, such as consensus algorithms and membership services, and tailor networks to your needs

Open source

Part of the Hyperledger project of the Linux Foundation, Hyperledger Fabric is an open source protocol that allows the enterprise to build custom applications and limit vendor risks

Security

With a high level of security for enterprise users, Fabric uses a permissioned network to prevent unauthorized access

Hyperledger Fabric certified service provider badge

Our Hyperledger Fabric Expertise

Kaleido is a Hyperledger Certified Service Provider (HCSP) with a deep expertise in helping enterprises successfully adopt Hyperledger tools. Our founding partners are also active with the Hyperledger Foundation. Sophia Lopez is a General Member representative on the Hyperledger Foundation Governing Board and Jim Zhang is a member of the Hyperledger Foundation Technical Oversight Committee.

Talk to an Expert

Benefits of Quorum

Quorum is a blockchain protocol specially designed for use in a private blockchain network, where there is only a single member owning all the nodes or a consortium blockchain network where multiple members each own a portion of the network.

Scalability

Quorum is designed to be highly scalable, with low transaction latencies and the ability to support a higher number of transactions per second than other blockchain protocols. This makes it well-suited for use in high-volume applications.

Security

Quorum includes a number of security features that are designed to protect sensitive or proprietary data, like private transactions that allow network participants to transact without revealing the details of their transactions to the rest of the network.

Flexibility

Quorum is based on the Ethereum protocol and can support a wide range of decentralized applications and smart contracts. It is also highly modular and customizable so that it can be tailored to the needs of specific use cases.

Gas-free transactions

There is no cost required to submit transactions to a Quorum network, unlike Ethereum, which requires the payment of high and unpredictable gas fees to submit transactions.

Hyperledger Fabric certified service provider badge

Our Hyperledger Fabric Expertise

Kaleido is a Hyperledger Certified Service Provider (HCSP) with a deep expertise in helping enterprises successfully adopt Hyperledger tools. Our founding partners are also active with the Hyperledger Foundation. Sophia Lopez is a General Member representative on the Hyperledger Foundation Governing Board and Jim Zhang is a member of the Hyperledger Foundation Technical Oversight Committee.

Talk to an Expert
How it works

How it Works

HD Wallets, Simplified

An abbreviation for hierarchical determinism, the Kaleido HD Wallet is a key tree that provides a deterministic derivation of Ethereum account addresses and their corresponding private signing keys from a single seed phrase. The overall HD wallet implementation is a byproduct of several Bitcoin Improvement Proposals (BIP), specifically BIP32 for the core cryptography and key generation, BIP39 for seed phrase and recovery, and BIP44 for multi-protocol account hierarchy. 

The seed phrase, a 12 word mnemonic, can be generated in one of two ways: either by the service via the BIP39 spec or submitted manually by the user as an “easy to remember hard to guess” expression. The seed phrase serves as the master root for the entire key tree, therefore strong entropy should be applied if manual submission is the desired course of action. 

HD wallets provide an elegant solution for both account management and identity masking, as the key tree can be deterministically regenerated from the master seed phrase and users can increment their account index on a per-transaction basis to anonymize identity via unique signing keys.

Enterprise Use Cases
Run Better on Kaleido

Hyperledger Fabric is a private blockchain that allows developers to create subnets, or channels, meaning that certain proprietary or personal information can remain confidential. This makes Fabric a protocol of choice for industries like financial services, insurance, and supply chain management.

Supply Chains

Hyperledger Fabric networks can increase transparency and traceability of transactions within the network. This transparency can be used to monitor real-time location data, limit fraud and counterfeit goods, and track ESG efforts.

Digital Assets

Complex multi-party business networks built on Fabric can easily tokenize assets, transact instantly, share data, and eliminate cumbersome paperwork as financial business flows are automated.

Insurance

Moving insurance transactions to blockchain can eliminate fraud, automate claim processing, and digitize legacy systems. Hyperledger Fabric also allows stakeholders to automate Know Your Customer (KYC) processes via smart contracts.
Why Kaleido

Everything You Need to Build Enterprise-Grade Blockchain & Digital Asset Apps

Try Truffle on Kaleido

Kaleido's blockchain platform makes it radically simple for businesses to create complete web3 networks and applications. With just a few clicks, you can launch a blockchain network, deploy it globally, set up governance, and start plugging in familiar services.

Quickly Launch Blockchain
Networks

Launch blockchain networks in minutes
Choose from leading protocols including Ethereum, Polygon Edge, Hyperledger Fabric and more
Select permissioned chains, appchains,  sidechains, or consortium chains
Deploy on AWS, Azure or on-prem
Stand up nodes worldwide in regions of your choice

Simplify Development to Get to
Production Fast

Access 40+ plug-and-play services for wallets, key management, storage, data, and more
Automate management and deployment with our fully API-enabled platform
Turn any smart contract into familiar APIs with our smart contract API generator
Make digital assets, NFTs, and consortiums easy with our dedicated solutions
Mint, manage, and burn tokens at scale with robust tooling

All Backed by Enterprise-Grade Infrastructure and Support

Modern cloud scale architecture
Built-in high availability and disaster recovery
ISO 27k and SOC 2 Type 2 certified
Integrate seamlessly with existing internal systems
Open source tech and no vendor lockin
24x7 support and SLAs

Enterprise Use Cases Run Better on Kaleido

Quorum is a protocol of choice for industries like financial services, insurance, and supply chain management where enterprise-grade.

Additional Resources
Learn More About
HD Wallet
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HD Wallet
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Common Questions about HD Wallets

What are HD Wallets?

HD wallets, or Hierarchical Deterministic wallets, are a type of blockchain wallet that use a single master seed to generate an entire tree of private keys. HD wallets have the advantage of being able to generate a virtually unlimited number of private keys, so the user can have a unique address for every transaction if they wish, enhancing privacy and security.

How do HD Wallets work?

HD wallets work by generating a single master seed when the wallet is first created. This master seed is a string of randomly generated words that is used to generate all of the private keys for the wallet. When a user wants to make a transaction, the HD wallet uses the master seed to generate a unique private key for that specific transaction. The private key is then used to create a digital signature for the transaction, which is required to complete the transaction and transfer the funds.

The advantage of using an HD wallet is that it allows the user to recover their wallet and access their funds in the event that they lose their device or forget their private keys. This is because the master seed can be used to regenerate all of the private keys for the wallet. It is important to keep the master seed in a secure location because anyone who has access to the master seed will also be able to access the funds in the wallet.

What are the benefits of HD Wallets?

There are several benefits to HD wallets, including

  1. Security: HD wallets offer enhanced security because they use a single master seed to generate all of the private keys for the wallet. This means that the wallet can be recovered from a single seed in the event that the wallet is lost or the user forgets their private keys.
  2. Convenience: HD wallets allow users to generate a virtually unlimited number of private keys, which means they can have a unique address for every transaction if they wish. This can be convenient for users who want to maintain privacy or who want to keep their transactions separate from each other.
  3. Compatibility: HD wallets are compatible with a wide range of devices, including desktop computers, mobile phones, and hardware wallets. This means that users have the flexibility to access their HD wallet from any device they choose.
  4. Ease of use: HD wallets are easy to use and do not require the user to remember multiple private keys. Instead, the user only needs to remember the single master seed in order to access their wallet and complete transactions.

Overall, HD wallets offer a convenient and secure way to manage and store digital assets, which is why they are widely used in blockchain apps.