In the News

Unbound Tech Beefs Up its Custodian and Exchange Key Management Solution

The latest upgrade to the firm’s Crypto Asset Security Platform makes the solution suitable for financial companies exploring institutional adoption of crypto assets. The regulatory requirements that are incumbent upon such organizations mandate best-in-class key management.

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Unbound Tech Introduces Upgrades to its Multi-Party Computation Platform For Cryptocurrency Exchanges and Custodians

Secure multi-party computation (SMPC) is one of the exciting ‘killer features’ of cryptography advancements. After tens of years of academic research, it is now utilized via Unbound Tech’s Crypto Asset Security Platform (CASP) to protect private keys and transactions within the framework of the exchange and custodian process.

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Job Role: Cryptographer

Dr. Yehuda Lindell, CEO and co-founder of Unbound Tech, said it well in responding to our questions about cryptography: “In some areas, the cryptanalysts are the ones with the best understanding of how to build secure schemes as well, and so that they are both builders and breakers,” Lindell said. Lindell’s co-founder Nigel Smart expounded on this idea: “One can sub-divide cryptographers into those that work on breaking schemes, those that work on creating symmetric key schemes; those that work on public key schemes; those that work on basic protocols like key agreement; those that work on more advanced protocols like MPC; those that work on efficient implementations; those that work on secure implementations which avoid side-channels; those that work on software; and those that work on hardware.”

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Citi’s Most Promising Israeli Fintech Startups for 2020

Unbound was selected by Citi accelerator, together with its collaborators Israeli Discount bank, software company Intuit, and Visa as one of Israel’s most promising fintech startups in the blockchain space, “Unbound’s multi-party computation platform has created a new layer of trust that brings us one step closer to adopting blockchain-based products”.

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Expert Feedback: What Data Encryption Advancements Should Businesses Be Aware Of?

According to Prof. Yehuda Lindell, CEO & Co-Founder of Unbound Tech, cybersecurity experts need to focus on the basics: “First, make sure that you are using standard, well implemented cryptographic schemes, with the most up-to-date algorithms and appropriate key sizes. (For example, no SHA1, RSA with 2048-bit keys at least, ECC with 256-bit keys at least, and so on).” 

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