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Blockstream\u2019s new custody system, developed with Thales, uses dedicated hardware for transaction signing as Adam Back advocates for offline security to reduce cyber risks.<\/p>\n
Adam Back\u2019s Bitcoin infrastructure company Blockstream has launched a new institutional digital asset custody solution developed with French technology<\/a> group Thales, as the cryptographer pushes for simpler, offline security systems to protect Bitcoin against increasingly sophisticated cyberattacks.<\/p>\n The solution, announced<\/a> Friday, combines Thales\u2019 hardware security modules (HSMs) with Blockstream\u2019s Secure Multi-Party Computation (Secure-MPC) technology, allowing institutions to authorize transactions while keeping sensitive cryptographic operations within dedicated security hardware, according to the company.<\/p>\n Unlike conventional MPC implementations that may perform portions of the signing process outside dedicated security hardware, Blockstream said its architecture executes the entire signing protocol within the protected environment of Thales\u2019 HSMs.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n