Hooked Protocol, a pioneering AI-powered Web 3 edutainment network, leverages Cobo's MPC Wallet-as-a-Service (WaaS) solution to boost user asset security and operational efficiency SINGAPORE, April 12, 2023 /PRNewswire/ Cobo, a leading global digital asset custody solutions provider, has announced its partnership with Hooked Protocol, a prominent Web 3 edutainment network with a focus on mass adoption, to integrate its MPC (Multi-Party Computation) WaaS (Wallet-as-a-Service) solution into Hooked Protocol's platform. As part of the partnership, Hooked Protocol will leverage Cobo's MPC WaaS solution to strengthen user asset security and boost operation and development efficiency, empowering the protocol to onboard the next billion users onto Web3 securely. Cobo's MPC WaaS utilises cutting-edge MPC technology to implement a Threshold Signature Scheme (TSS). With Cobo's MPC-TSS implementation, private key-shares are individually generated in secure environments, encryp
Digital asset custody solutions provider, Cobo, is collaborating with digital assets security firm, Nemean, to provide third-party key recovery services to Cobo's Multi-Party-Computation (MPC) custody clients SINGAPORE, April 4, 2023 /PRNewswire/ Cobo, a leading global digital asset custody solutions provider headquartered in Singapore, announced its partnership with Nemean Services, a UK-based digital asset security company, to provide key backup and disaster recovery services for Cobo's Multi-Party-Computation (MPC) custody clients globally. The collaboration between Cobo and Nemean Services aims to bolster the security of Cobo's MPC custody clients' digital assets, ensuring that users always have access to and are in control of their assets at all times. As a third-party disaster recovery service partner of Cobo's MPC custody solution, Nemean Services will provide key recovery services in extreme cases where the customer has lost access to their keys or where C