Securities services provider BNP Paribas (OTC:BNPQY) has just completed a Proof of Concept with cloud based crypto wallet provider Curv, to demonstrate a highly secure way to transfer security tokens.
The security token was transferred using Curv’s advanced cryptography which utilizes a concept called multi-party computation (MPC). The institutional grade technology enables transactions to be securely signed in a mathematically-proven, distributed way.