The digital asset platform Fireblocks has partnered with Google Cloud to explore innovative solutions for cryptographic self-custody. With the integration of Confidential Space technology, highly regulated financial companies will be able to securely manage their private keys. This collaboration expands the cryptocurrency sector within the traditional fintech world and addresses the security and privacy demands of institutional clients. The integration of Google Cloud's Confidential Space service ensures the secure and simplified management of private keys and mitigates risks associated with self-custody. Fireblocks and Google Cloud's collaboration creates new opportunities for regulated sectors to explore digital assets while adhering to strict regulatory and compliance standards. The use of Multi-Party Computation technology by Confidential Space enhances security by fragmenting access keys. Rene Kolga, Senior Product Manager at Google Cloud, highlighted the advantages of the integration and expressed excitement about the benefits it will bring to common clients. The partnership between Fireblocks and Google Cloud offers a solution for regulated financial companies to securely manage their digital assets and breaks down access barriers to the crypto sector.
- Content Editor ( en.cryptonomist.ch )
- 2024-11-26
Fireblocks integrates Google Cloud for secure management of digital asset