Home / Crypto News / Wallet not using secret key! What? US startup raises about 700 million yen as a development fund for institutional investor cryptocurrency Wallet!

Wallet not using secret key! What? US startup raises about 700 million yen as a development fund for institutional investor cryptocurrency Wallet!

秘密鍵を利用しないウォレット!?米スタートアップが機関投資家向け仮想通貨ウォレットの開発資金として約7億円を調達!

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Yuji Coin Desk News

I do not like virtual currencies than three rice cookies! As you started investing in cryptocurrency in November 2017, like being interested in DApps etc. We will introduce noteworthy DApps etc. from the noteworthy news in the cryptocurrency world. My hobbies are muscle training and guitar (HR / HM). Age 21.

U.S. startup “Curv”, which is working on the development of a cryptocurrency wallet for corporations that do not use secret keys, raised $ 6.5 million (about 720 million yen ) .

This fund raising is led by the Digital Currency Group, Team 8, Flybridge Capital, Monex Group, Liberty City Ventures, etc. are participating.

Curv uses “proprietary MPC protocol (multi-party computation protocols) for wallets ” to eliminate the concept of secret key “ .

By using the MPC protocol, data processing can be performed in the form of encrypted text, and data can be acquired from a block chain without using a secret key.

According to press release Curv’s technology protects transactions from cyber violation, physical damage, internal crime, etc, by signing transactions in a faster and safer and more decentralized way.

Travis Scher of the Digital Currency Group investor, “Curv is building the best technology and I am pleased that we can support the Curv team,” Curv expects.

Curv founder and CEO Italy Malinger says “We are focusing on unlocking the possibilities of block chains with an innovative approach,” says Curv’s future goals.

Article Source: PR Newswire

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Yuji Coin Desk News

I do not like virtual currencies than three rice cookies! As you started investing in cryptocurrency in November 2017, like being interested in DApps etc. We will introduce noteworthy DApps etc. from the noteworthy news in the cryptocurrency world. My hobbies are muscle training and guitar (HR / HM). Age 21.

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Author: Yush [Coin Desk News] – Source Post: https://crypto-times.jp/curv-privatekey-wallet-crypto/

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