Bitget Upgrades Platform Wallets with MPC Security Technology

Bitget Upgrades Platform Wallets with MPC Security Technology

Victoria, Seychelles, 26 January 2023  — Bitget,  the world’s leading cryptocurrency exchange and Web3 company, announces a significant enhancement to its platform wallet security with the upgrade of Multi-Party Computation (MPC) technology, which means that Bitget upgraded all users’ wallet addresses to MPC addresses. This strategic update exemplifies Bitget’s unwavering dedication to user security, incorporating cutting-edge technologies such as the Threshold Signature Scheme (TSS) and Trusted Execution Environment (TEE) to set new industry standards.
Bitget’s MPC wallet addresses introduces a paradigm shift in security standards by leveraging the following cutting-edge advancements:
Distributed Computing: The implementation of multi-party distributed computing eliminates the risk of a single point of failure, fortifying the overall resilience of the wallet.
Homomorphic Encryption: Through this innovative encryption technique, Bitget ensures secure transactions without exposing p

Czytaj więcej

We współpracy z: https://cryptodaily.co.uk/2024/01/bitget-upgrades-platform-wallets-with-mpc-security-technology

Total
0
Shares
Dodaj komentarz

Podobne Wpisy