PlatON Announces Partnership with HashKey Group to Offer Key Management Service

PlatON, a pioneering global trustless computing network, has signed a strategic partnership with HashQuark, a subsidiary of HashKey Group, providing key management service “KeyShard” based on a specific area of secure multiparty computation (MPC) called threshold signature. This marks a substantial solution to private key custody for the mining pool to safeguard digital assets with top security without sacrificing usability.

With the deployment of “KeyShard” provided by PlatON, HashQuark is able to safeguard the mining coin at the original mining platform, further optimize the mining system and improve the safety experience during mining and transactions.

Dedicated to the research in MPC for almost three years, PlatON now takes the lead in security, scalability and stability as a cryptographic-based computing network. Besides the key management for the mining pool, PlatON’s MPC technology can also empower other industries.

VituTech will leverage PlatON’s MPC technology to safeguard digital assets for clients service.