As blockchain infrastructures reach production stages in financial services, security teams are figuring out how to integrate distributed systems with legacy structures. A key aspect of institutional-grade custody, for example, is hardware security modules (HSM), which are tamper-resistant devices capable of encryption and decryption, key generation, and digital signature creation and verification.
At a recent seminar, we heard about how this is evolving in blockchain-enabled financial services with multiparty computation (MPC) technology. Here’s what we heard in an interview on the sidelines of the event about how compliance procedures are automating and changing for big banks and other financial services firms, as well as institutional crypto.
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