MOCCA Unleashed: Partisia Blockchain Redefines Custody with Innovative On-Chain Solution, Paving the Way for Decentralized Financial Inclusion in the Wake of SEC’s Crypto ETF Approvals.
Partisia Blockchain, the Swiss innovator committed to delivering cutting-edge, privacy-preserving solutions for fairness and transparency, made a groundbreaking announcement during the World Economic Forum. During the Davos event,
Partisia Blockchain launched MOCCA, an on-chain custody product driven by advanced multiparty computation (MPC). MOCCA represents a democratization of access to sophisticated custody solutions, traditionally the domain of large enterprises with substantial budgets. This revelation follows closely on the heels of the Securities and Exchange Commission’s (SEC) recent approval of spot Bitcoin ETFs.
Brian Gallagher, co-founder of Partisia Blockchain, took center stage during his keynote address at a Davos side event to introduce the MOCCA custody product. Powered by Partisia Blockchain’s advanced MPC capabilities, MOCCA leverages decentralization by necessitating approval from two or more parties for every transaction.
In stark contrast to existing custody offerings, MOCCA stands out as a decentralized, open-source solution accessible to all. Users can effortlessly deploy a secure custody environment across multiple parties with just a few clicks. Partisia Blockchain’s fully programmable custody product, equipped with out-of-the-box multichain capability, remains blockchain-agnostic, relying on MPC technology irrespective of protocol support.
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