Google Tests Crypto Custody Security With Major Financial Institutions
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Google’s Multi-Party Compute system is in private preview, while parent company Alphabet uses it to protect digital assets on Ethereum and Solana.
Google is testing a crypto custody security system called Google Multi-Party Compute through a private preview, according to CoinDesk.
Several major financial institutions are evaluating the technology. The preview comes amid growing concerns about AI-related security threats.
Google’s parent company, Alphabet, is already using the system to safeguard its own digital assets on the Ethereum and Solana networks.
Source: CoinDesk
