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Bitcoin & Crypto DEVELOPING

Google Builds Crypto Custody Security Platform for Banks

Close-up of a Bitcoin coin on a laptop, symbolizing digital currency and technology.
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What happened

Google has introduced a multi-party computation platform designed to help banks and financial institutions secure cryptocurrencies and tokenized (representing an asset as a tradable entry on a blockchain) assets without storing a complete private key in one place. Google is an Internet and software company based in Mountain View, founded in 1998.

Key facts

  • Google has — introduced: a multi-party computation platform designed to help banks and financial institutions secure cryptocurrencies and tokenized assets without storing a complete private key in one place

Sources & evidence