Thu, February 29

Digital Assets Custody and Financial Solutions | Dive Into HyperBC Security Pyramid

Digital Assets Custody and Financial Solutions | Dive Into HyperBC Security Pyramid Press Release

HyperBC is a key player in the digital asset custody and payment solutions sector. Committed to ensuring asset security and promoting financial freedom, HyperBC offers a comprehensive range of services, including asset custody, merchant payments, clearing, and other financial solutions.

Review the HyperBC security architecture

Firstly, regulatory adherence is crucial. HyperBC has licenses like MSB and Virtual Asset Service Provider across eight countries, ranging from Australia to the United States.

Certification is another key focus, with HyperBC holding ISO Certification from Callids Global. This certification covers various services, including secure MPC Wallet as a Service for enterprises, asset custody, virtual and physical cryptocurrency card provision, secure API cryptocurrency payment gateway solutions, and the provision of physical cryptocurrency POS & ATM Kiosks.

In terms of risk assessment, HyperBC plays a crucial role, ensuring transaction security through identity verification, permission authentication, an approval process, a trusted execution environment, MPC signature authentication, and on-chain processing. Importantly, no asset transfers occur without explicit approval from designated parties, determined by predefined team roles and rules.

The AML & KYT mechanisms at HyperBC incorporate advanced machine learning technology, distinguishing between various address types and labeling them based on specific merchant requirements. This automated process aids in identifying suspicious transactions, triggering notifications to merchants regarding high-risk transactions. HyperBC embraces a non-blocking approach, allowing merchants the flexibility to decide whether to reject or approve flagged transactions.

Benefits of HyperBC MPC Infrastructure

The HBC MPC Infrastructure is a versatile cross-platform SaaS solution across multiple clouds, utilizing the MPC-CMP protocol in a secure environment to eliminate the risk of single-point failure. This ensures the safeguarding of digital assets from potential cyber-attacks, internal collusion, and human errors.

This innovative solution provides users with flexible and convenient access to manage crypto assets from any location with an internet connection. Its seamless integration into various applications and platforms empowers developers to incorporate wallet functionalities effortlessly. Suitable for both small businesses and large enterprises, it requires minimal adjustments. Robust security measures, including encryption and multi-factor authentication, prioritize the safety of users’ funds.

Moreover, by leveraging existing infrastructure, the solution ensures cost efficiency in developing and maintaining a secure crypto wallet infrastructure. HyperBC’s solution simplifies technical requirements, making cryptocurrency management accessible to a broader audience without the need for in-depth technical expertise.

In summary, HyperBC offers flexible solutions, including cold wallets, warm wallets, and hot wallets tailored to customer requirements. Additionally, it enables enterprises to effectively manage virtual assets through diverse modes, including custody, co-custody, and self-custody, all underpinned by advanced MPC technology.

  • For more information, visit the official website: HyperBC

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.