According to Cointelegraph, Blockstream and French technology group Thales unveiled an institutional digital asset custody solution on November 14. The system combines Thales' hardware security module (HSM) with Blockstream's Secure-MPC technology, allowing institutions to authorize transactions while keeping cryptographic operations within dedicated secure hardware. Blockstream co-founder and CEO Adam Back stated that traditional MPC protocols are too complex and interactive for offline cold storage use. He emphasized keeping signing devices offline helps prevent unauthorized access and recommended institutions move assets to cold storage to reduce risks from potential AI-assisted attacks.

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