Bitcoin Infrastructure Company Blockstream Launches Institutional Custody Solution

on November 14, according to Cointelegraph, Bitcoin infrastructure company Blockstream has partnered with French tech group Thales to launch an institutional digital asset custody solution, combining Thales' hardware security modules with Blockstream's secure multi-party computation technology.

Blockstream stated that the solution executes the complete signing protocol within the protected environment of the hardware security module. Co-founder and CEO Adam Back noted that traditional multi-party computation protocols are complex and require frequent device communication, making them difficult to apply to fully offline cold storage; he advocates for institutions to utilize cold storage to reduce the risk of network attacks and potential AI-assisted attacks.