Attention Curv Wallet Customers - Change Brings Opportunity!
The March 8, 2021 announcement that PayPal agreed to acquire Curv was met by many in the industry with excitement, but for others concern. After all, it’s common for such acquisitions to lead to fundamental changes that require a new direction for the customers of the company being acquired. While change is never easy it also opens the door to new opportunities to select new solutions from the perspective of experience and insight on changing market requirements. As the original pioneer and industry leader in MPC and Threshold Cryptography (TC) schemes Sepior is helping many companies through this transition and stands ready to assist others.
Sepior introduced the first MPC wallet in October of 2018 through a joint collaboration with SBI Holdings, a tier 1 financial services firm based in Japan. The combination of Sepior’s world-renowned cryptographers and the demanding security, performance, and scale requirements of SBI led to an implementation of MPC that is fundamentally different and in many aspects superior to any other known implementation today. As institutions consider upgrading or replacing their first-generation wallets it is worth taking the time evaluate and understand the nuances between open source, standard, and advanced MPC wallet/technology options.
Open source is pretty straightforward, but the difference between a license or subscription to use a standard versus advanced version of MPC is less obvious. The following table provides an indication of the differences to expect with the different technology options.
Open source, baseline and advanced MPC wallets compared
Table Comparing MPC Wallet Types: Advanced MPC, Baseline MPC, and Open Source MPC
Sepior specializes in providing Threshold Signature schemes using Advanced MPC. Our standard technology licensing offerings support easy integration into existing wallet systems and we can connect you with one of our technology licensing customers that offer self-hosted turn-key wallet solutions as well as Wallet-as-a-Service offerings.
We invite you to contact Sepior to explore your opportunity to embrace change for the better.