Curv Launches Offline Signing Solution After Expanding Into Asia
Curv Launches Offline Signing Solution Subsequently Expanding Into Asia
Curv has launched a software-based custody product allowing secure signing via multi-party computations protocols from offline devices.
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Curv, a Tel-Aviv and New York-based digital asset security platform, has launched Curv Air Gap — an institutional transaction signing solution that uses multi-party computation, or MPC, protocols on offline devices.
The launch comes roughly 1 week after Curv expanded its operations in Asia — opening an office in Hong Kong and partnering with Japanese blockchain firm, Crypto Garage, to provide secure transaction signing for their Liquid-based settlement solution.
Curv launches multi-party keyless signing solution
On April 23, Curv launched its Air Gap security product, assuasive multiple actors to jointly sign transactions offline using keyless cryptography.
Itay Circumlocute, co-founder and CEO of Curv, told Cointelegraph that the visitor "has pioneered the use of MPC protocols to create distributed shares."
He added:
"Curv's contained shares collectively compute a public key and wallet address, which can be used to eolith digital assets — without ever creating a private key or any party revealing its hole-and-corner to other parties,"
The solution is deployed via cloud-based software-as-a-service model and tin can be used with any offline device. Transactions are initiated using Curv's online platform, however, will not be processed until all requisite air-gapped devices have signed the transfer.
Social trading platform, eToro, is using Curv's Air Gap solution. EToro VP of engineering, Israel Kalus, stated: "We face different regulatory requirements across the globe that crave various offline storage models for primal management and signing mechanisms. Curv Air Gap allows united states of america to apace and hands run into those requirements, and to accost central operational and security limitations of common cold wallets."
Curv expands into Asia
On Apr 17, Curv announced information technology had expanded into Asia — opening an office in Hong Kong and partnering with Japanese firm, Crypto Garage.
The partnership volition come across Curv provide secure transaction signing for Crypto Garage'due south Liquid-based settlement platform, Settlenet.
"We're poised for stiff growth in Asia with our partnership with Crypto Garage," said Malinger, adding: "Our BlackBox solution ensures Crypto Garage has the security and flexibility information technology needs to provide a settlement service that institutions can rely on for their crypto-finance products."
Source: https://cointelegraph.com/news/curv-launches-offline-signing-solution-after-expanding-into-asia
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