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Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit
Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response to recent high-profile security breaches, such as the July 2023 Multichain incident, which highlighted the need for robust private-key management solutions.