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Google to Unveil Institutional Crypto Security System, Targeting Commercial Launch Early Next Year

Google to Unveil Institutional Crypto Security System, Targeting Commercial Launch Early Next Year

  • Google plans to introduce Google Multi-Party Compute (MPC), an institutional-only cryptocurrency security system.
  • Google said it plans to commercialize MPC, which is currently in a private preview stage, early next year.
  • Google parent Alphabet has applied the technology to protect its own cryptocurrencies on the Ethereum (ETH) and Solana (SOL) blockchains.

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Photo: Shutterstock
Photo: Shutterstock

Google plans to introduce a security system for institutions using cryptocurrencies and tokenized assets, with a commercial launch targeted for early next year.

CoinDesk reported on October 28 that Google was set to introduce Google Multi-Party Compute, or MPC, at an event in New York that…

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