Inabit Integrates with Google Cloud... "Enhancing Security for Virtual Asset Transactions"

Virtual asset (cryptocurrency) security company Inabit announced that it has implemented confidential computing technology to enhance the security of virtual asset transactions.

According to Cryptonomist on the 25th (local time), Inabit has announced the integration of confidential computing technology for virtual asset transaction security in collaboration with Google Cloud. It explained that it has established a safer asset management environment by integrating Google Cloud's Confidential Space technology with Inabit's proprietary technology, 'TCM (Trusted Computing Mechanism)'.

Moti Geva, Inabit's Chief Technology Officer (CTO), said, "With this technology integration, financial institutions can process large-scale virtual asset transactions more securely," and added, "We will continue to build a secure virtual asset infrastructure in the future."

Meanwhile, Google Cloud's Confidential Space is a technology that allows the use of virtual asset private keys in an encrypted state.