A three-key system wallet
One key is held by the user, another by Assetify, and the third is securely stored as a backup by the financial institution.
The MPC technology developed by Assetify complies with industry standards and is fully audited, including SOC 2 Type II compliance. Key distribution can be customized to meet the specific needs of financial institutions, supporting 3-of-n or 5-of-n signature schemes.
Our service operates on a foundational "2-of-3" model: one key is held by the user, another by Assetify, and the third is securely stored as a backup by the financial institution. This ensures that no single party has the unilateral ability to control the assets unless a specific contract event is triggered.
User Control
Even though Assetify facilitates transactions, the user retains full control over their assets. No single party can access the funds independently, ensuring maximum security and transparency.
MPC Security Benefits
• Eliminates risks of traditional private key theft.
• Prevents unauthorized transactions.
• Ensures assets remain safe, even if one key is compromised.
