Curv, a digital asset security platform based in Tel Aviv and New York, was launched Curv Air Gap, an institutional transaction signature solution that uses multiparty computer protocolsor MPC, on offline devices.
It will start about a week after Curv has expanded its activities in Asia., Opening of an office in Hong Kong and partnership with the Japanese blockchain company Crypto Garage, to provide secure transaction signing for your liquid-based settlement solution.
Curv launches a multilateral keyless signing solution
On April 23, Curv launched its Air Gap security product enables multiple actors to sign offline transactions with keyless crypto.
Itay Malinger, co-founder and CEO of Curv, told Cointelegraph that the company “pioneered the use of MPC protocols to create distributed actions.”
“Curv’s independent shares jointly calculate a public key and wallet address that can be used to deposit digital assets without ever creating a private key or having a party disclose its secret to other parties.”
The solution is provided as a service model using cloud-based software and can be used with any offline device. Transactions are initiated via the Curv online platform. However, they will not be processed until all of the required air devices have signed the transfer.
The social trading platform eToro uses Curv’s Air Gap solution. EToro Vice President of Engineering Israel Kalus said, “We are facing different regulatory requirements around the world that require different offline storage models for key management and signature mechanisms. With Curv Air Gap, we can meet these requirements quickly and easily and take into account the most important operational and security restrictions for cold wallets. “.
Curv expands to Asia
April 17th Curv announced that it was expanding to Asia, opening an office in Hong Kong and working with the Japanese company Crypto Garage..
The association will see Curv sign a secure transaction for Crypto Garage’s liquid-based settlement platform Settlenet.
“With our partnership with Crypto Garage, we are facing strong growth in Asia,” said Malinger, adding: “Our BlackBox solution ensures that Crypto Garage has the security and flexibility required to provide a settlement service, institutions can trust their crypto finance products. “
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