Cryptocurrency Q&A
What is the Qredo open custody protocol?
What is the Qredo open custody protocol?
Michele
Wed Nov 06 2024
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7 answers
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Qredo open custody protocol, now renamed to Open Custody Protocol (OPEN), is a solution that aims to provide secure and decentralized asset custody services. It utilizes advanced technologies such as second-layer blockchain and multiparty computation (MPC) to address the risks associated with traditional custodial solutions and enhance the flexibility and security of asset management.
7 answers
SumoStrength
Fri Nov 08 2024
This innovative approach aims to bring significant improvements to the blockchain economy.
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BlockchainBaron
Fri Nov 08 2024
Qredo is revolutionizing digital asset ownership and blockchain connectivity through the Open Custody Protocol.
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JessicaMiller
Thu Nov 07 2024
This network represents a radical shift from traditional custodial models, offering a more secure and transparent alternative.
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AndrewMiller
Thu Nov 07 2024
BTCC, a top cryptocurrency exchange, also offers a range of services that cater to the evolving needs of the digital asset market.
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CosmicWave
Thu Nov 07 2024
A key aspect of Qredo's strategy is to enhance liquidity within the digital asset space.
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