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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 ....

Jiang Changhao , Party Computation Waa , Hooked Protocol , Multi Party Computation , Threshold Signature Scheme , With Cobo , Binance Launchpad , A Pioneering Ai Powered Web 3 Edutainment Network , Everages Cobo 39s Mpc Wallet Asa Service Waas Solution To Boost User Asset Security And Operational Efficiency Singapore , April 12 , 023 Prnewswire Cobo , A Leading Global Digital Asset Custody Solutions Provider , As Announced Its Partnership With Hooked Protocol , A Prominent Web 3 Edutainment Network Witha Focus On Mass Adoption , O Integrate Its Mpc Multi Party Computation Waas Wallet Asa Service Solution Into Hooked Protocol 39s Platform As Part Of The Partnership , Ooked Protocol Will Leverage Cobo 39s Mpc Waas Solution To Strengthen User Asset Security And Boost Operation Development Efficiency , Mpowering The Protocol To Onboard Next Billion Users Onto Web3 Securely Cobo 39s Mpc Waas Utilises Cutting Edge Technology Implementa Threshold Signature Scheme Tss With Implementation , Rivate Key Shares Are Individually Generated In Secure Environments , Ncrypted And Distributed Among Multiple Parties These Can Then Jointly Sign Transactions Without Ever Exposing Their Individual Key Share To One Another Or Materialising The Private In Full At Any Point Time Cobo 39s Mpc Waas Eliminatesa Single Of Failure , Nsulating Hooked Protocol 39s Assets From Security Attacks And Human Errors Quot This Collaboration Aims At Providing Witha Powerful Wallet Infrastructure For Custody Blockchain Interactions To Ensure The Independence Of User , Uot Said Dr Jiang Changhao , O Founder And Cto Of Cobo Quot This Is Especially Important In The Current Digital Asset Landscape , Here Centralised Platforms Increasingly Face Scepticism Quot Cobo 39s Mpc Waas Is Built Upon Years Of Experience And Technical Know How In Delivering Institutional Grade Custody Solutions By Leveraging , Ooked Protocol Was Able To Deploya Wallet Into Their Platform Safely And Seamlessly , Hile Significantly Minimising The Cost Of Implementinga Wallet Infrastructure Quot We Take Security Our Users 39 Assets And Safety Platform Very Seriously By Partnering With Cobo , E Can Strengthen Our Platform 39s Security While Creating Seamless Web3 Onboarding Experiences For Consumers ,