What is MPC-TSS Based Technology
Cobo MPC WaaS leverages cutting-edge secure Multi-Party Computation (MPC) technology to implement a Threshold Signature Scheme (TSS).
Using MPC-TSS technology, private key shares are created simultaneously by each party in a secure environment.
These parties can then jointly sign transactions without ever exposing their key shares or materialising a private key at any time.
As the private key that executes transactions never exists or lives in any devices - rather, it is a collectively generated value, the MPC-TSS setup removes any single point of failure, making key theft, internal fraud and collusion more challenging for bad actors. This design ensures no one party can unilaterally move funds.
Why Choose MPC
Cobo MPC WaaS Core Features
Creator / Administrator
Manage users, assign permissions, configure risk control policies and settings, and manage API keys
Traders that can add, transfer, buy/sell, trade assets
Ability to approve transactions initiated by the operators
The default role after registering for an account. Viewers are unable to perform any operations on assets and will have read-only permissions, where they are able to view balances and transaction records
Allows the creation of multiple wallets for different businesses, while operators and auditors can be set up separately
Supports multi-role collaboration
Allows the assignment of the same role to multiple employees to avoid a single point of failure
Flexible Customisation of Strategies To Meet Personalised Risk Control Needs
Embedded security features include IP whitelisting, total transaction limits, callback checks and more
Designed with scalability from the onset and compatible with multiple data structures
Seamless onboarding with full documentation support that covers TSS Node configuration, API functionality and more
Supported programming languages including but not limited to Java, Golang, Python and PHP
Licenses and Certifications
System and Organization Controls
(SOC 2 Type 1 and 2 Certified)
Innovation in Digital Asset Custody Solutions
Awarded by Global Custodian