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Multi-party computation (MPC) enables multiple parties to collectively come together to do a computation without ever revealing the private data each holds. The technology is often used in self-custody solutions where multiple devices can validate a transaction removing the potential for a single point of failure
Most of the new funding will go towards MPCH’s first product called Fraction.
Fraction leverages the MPC6 engine to create a toolkit for institutions to self-manage digital assets, wallets and workflows, per the release