Google Tests Crypto Custody Amid Rising Security Hacks: ‘Our Biggest Launch to Date!’

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Google is testing Google Multi-Party Computation (MPC), an institutional crypto custody solution expected to become commercially available to the general public in early 2027. The system divides key components among Google Cloud, users’ on-premises hardware, and a third party such as Amazon Web Services to reduce single points of failure. According to Google, it supports signing in 100 microseconds and can later be upgraded to post-quantum security. More than half of crypto hacks, representing over $8 billion over two years, involve key compromise, driving demand for safer institutional custody solutions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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