Google to preview crypto custody security system as AI threats grow

Google to showcase a new security system designed to help banks and other financial institutions safeguard and move cryptocurrencies and tokenized assets at its inaugural digital assets symposium in New York City on Wednesday. The product, officially named Google Multi-Party Compute (MPC), is in private preview and is not yet generally available. Several design partners and major financial institutions are testing the technology, Google told CoinDesk. Alphabet, the parent company, has also begun using it to secure its own digital assets on the Ethereum and Solana blockchains.

Also reported by crypto.news.

Source: CoinDesk