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Google pitches crypto custody to banks with key-splitting service set for 2027

Google pitches crypto custody to banks with key-splitting service set for 2027

Photo: Cryptopolitan

Google Cloud has unveiled Multi-party Compute (MPC), a custody service that breaks a crypto signing key into separate shares held in different places so no single party controls the whole key. The product is being pitched to banks, and Google says that the commercial launch will come in early 2027. How does Google’s key-splitting work?...

Source: Cryptopolitan

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