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Cobo: The inclusive self-custody solution Cobo MPC Lite has been launched

ChainCatcher news, digital asset custody solution provider Cobo announced the launch of the inclusive enterprise-level MPC self-custody solution Cobo MPC Lite, aimed at popularizing enterprise-level MPC self-custody solutions by lowering the access threshold and cost of enterprise-level MPC wallets.It is reported that Cobo MPC Lite uses Multi-Party Computation (MPC) technology, generating multiple private key shares separately through MPC-TSS technology. Parties can jointly sign transactions without exposing their private key shares to each other at any time, nor will a complete private key be formed at any endpoint. This ensures that private keys never exist or are stored on any single device, protecting user assets from security attacks and human errors. Cobo MPC Lite adopts a pay-as-you-go pricing model, starting at $99 per month.
2023-10-25
Cobo
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Qiong ICP No. 2021009392
Qiong ICP No. 2021009392
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