A Tool for Reversing Ethereum Transactions is Now Live
An Israeli government-backed tech firm, Kirobo, is repurposing its invention from Bitcoin to Ethereum and ERC-20 tokens.
Reversing ETH Transactions
They have now built a logic layer–a Retrievable Transfer service, on the Ethereum network to protect users from human error and sending transactions to non-deposit smart contracts.
Accordingly, ETH transactions can now be “retrieved” by canceling the transaction if funds are sent to the wrong address. Furthermore, the service eliminates the need for test transactions when transferring funds to a third party according to Kirobo’s CEO, Asaf Naim.
Users need not download any software as the service is accessible directly from Kirobo’s web portal. Also, transaction information is encrypted and secured locally on the user’s browser.
Learn more about the news here. (https://btcmanager.com/a-tool-for-reversing-ethereum-transactions-is-now-live/)