Article author
Nikola
  • Updated
Qredo Network introduces a new paradigm - decentralized custody for digital assets
 
The Qredo Wallet allows secure crypto asset custody, unique to other solutions available today that are either vulnerable to theft or slow to transact with.
 
Decentralized custody is a new category of custody made possible by a new innovation, a consensus driven MPC network. The network decentralizes private keys for assets secured over a layer 2 network.
 
This allows for
  1. Fast and secure movement of digital assets with other trusted parties across the network.
  2. Governance and control of assets secured on the network, enabling easy transfer of ownership of digital assets and shielding users from theft or malicious actions.  

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