VMware blockchain now operates with Sepior private key protection

guest · Aug 26, 2019

VMware blockchain now operates with Sepior private key protection
August 26, 2019
https://www.ledgerinsights.com/vmware-blockchain-sepior-private-key-protection/

Today cryptography firm Sepior announced that its privacy-focused wallet solution is now interoperable with VMware’s blockchain. Sepior decentralizes trust by distributing keys across many parties. The keys are used to authenticate transactions and the signing of smart contracts. The VMware Blockchain is similarly described as a ‘decentralized trust infrastructure’.

“We are delighted to work with Sepior to enable core multiparty computation paradigms for smart contract signing, digital asset transfer signing, and key management services by enabling interoperability with Threshold Signatures for VMware Blockchain,” he continued.
Instead of keeping a private key in one place, it is split into pieces or ‘shares’ which are stored on different servers — this what makes Sepior stand out from the crowd.
Click to expand...

For a transaction to take place, the pieces come together to form a whole key. They must be the correct set of fragments from the right servers, so a hacker has a much harder job of stealing keys. A single share is useless without knowing the other parts of the key and where they are kept.

What if one of the servers is down or compromised? Can the key be used? Sepior’s MPC application operates with a threshold system, so as long as enough shares have come together, the key will work. Hence, ThresholdSig.
Click to expand...

Sepior: Sepior Threshold Signatures Interoperate with VMware Blockchain For Wallet Services

Log in or Sign up

VMware blockchain now operates with Sepior private key protection

guest Guest

Log in or Sign up

VMware blockchain now operates with Sepior private key protection

guest Guest

Useful Searches