Institutional ​Services

By implementing this type of MPC technology, consumer-focused wallets (and institutional services) can securely design an on-chain asset management system that removes the single point of failure of a private key.

This offers a more secure self-custodial option by protecting against both private key theft (as there is no single private key to steal) and key loss, as each party can back up their secret input individually in a way that does not expose and compromise the entire system.