Raise your hand if you trust the internet with your money. No one? Great. Let’s talk about Inabit partnering with Google Cloud to serve up some actual security for your crypto adventures, because apparently, what we all needed was *more* things to worry about.🔒💸
This dynamic duo is rolling out some sci-fi-sounding wizardry called Confidential Computing, which basically promises your crypto private keys will be encrypted and as inaccessible as your ex’s new phone number—even while you’re using them. Sounds fancy, right? So, yes, technically your money is in the cloud, but now it’s, like, in a really, really secret part of the cloud. ☁️🤫
Why now, you ask? Well, you may recall the Multichain meltdown of July 2023, which taught everyone the valuable lesson of “never trust anything with ‘multi’ in the name.” Nothing says “safe investment” like the constant looming threat of a catastrophic security breach. 🥲
Inabit is dropping its own Trusted Computing Mechanism (TCM) into this soup—think of it as a bouncer for your digital wallet, but with fewer neck tattoos. By combining this tech with Google Cloud’s Confidential Space, they’re trying their best to make sure even the folks running the system can’t run off with your coins. Financial institutions, for one, are already on board—and for once, not just to fine you for late payments.
According to Dr. Moti Geva, Inabit’s CTO slash part-time security superhero, this is the moment we can stop storing our crypto on post-it notes and finally act like responsible adults. Will this mean grandmas will be buying Bitcoin soon? Stay tuned. 🦸♂️📈
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2025-05-15 12:02