MPC Custody

Openweb3 WaaS employs Multi-Party Computation (MPC) technology to ensure that your investment assets are protected with the highest level of custodial security in the market. Users' private keys are jointly managed by the users and Openweb3 WaaS, allowing for complete control over asset management without being constrained by time or location. This approach facilitates the backup and recovery of assets, eliminates single points of failure in private key management, and enhances the security of self-managed assets.

The design of the MPC protocol enables users to understand which key shares are involved in signing, while participants' identities do not need to be disclosed. This means that each party's input remains confidential. Additionally, the MPC ensures that the signature generation parties are not visible on the network, protecting their personal data privacy while ensuring the credibility of multi-party collaboration and transactions.

Developers can quickly integrate the Openweb3 WaaS - MPC system API by following the process outlined below: