Cryptography company Curve revealed its Institutional Digital Asset Wallet Service today, which aims to provide financial institutions and enterprises with a storage solution that makes their cryptocurrencies and digital assets instantly available — while also providing total autonomy and eliminating the need for private keys. 


Curv claims that it is eliminating the need for somewhat-complicated private key access to institutional players looking to add cryptocurrencies and digital assets to their portfolios. The company says it is doing this via “a simple, distributed way to secure and sign transactions.”

More specifically, Curv uses “proprietary multi-party computation (MPC) protocols” that signs transactions “in a fast, secure, distributed” manner that “protect[s] against cyber breaches, physical damage, and…

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Source: https://thebitcoinnews.com/wall-street-doesnt-want-private-keys-so-we-got-rid-of-them-says-crypto-startup/