The Future of Self Secured Digital Asset Custody with Trusted Computing Technology
Intro
Discover how inabit is redefining digital asset management with enhanced security, control, and flexibility.
As the digital economy grows, the need for secure, scalable, and reliable solutions for managing digital assets has never been more pressing. At the forefront of innovation is Inabit, a cutting-edge platform that combines trusted computing technology with advanced encryption to safeguard digital assets. Through partnerships with Google Cloud and AMD, Inabit is revolutionizing the way institutions and businesses manage cryptocurrency wallets and ensure self-custody of digital assets.
A New Standard in Security: Inabit's TCM
Inabit’s platform is built on the principle of uncompromising security. At the core of this approach is its Trusted Computing Mechanism (TCM), which leverages Google Cloud Confidential Space—a Trusted Execution Environment (TEE) based on AMD Secure Encrypted Virtualization (SEV). This combination ensures that:
- Private keys remain confidential and inaccessible, even to Inabit’s internal teams.
- Sensitive data and operations are isolated within secure enclaves, protecting them from unauthorized access.
- Customers can securely conduct large-scale cryptocurrency transactions without compromising security.
This hardware-backed encryption technology mirrors the systems trusted by banks, governments, and defense organizations, now accessible to businesses of all sizes.
Self-Custody Solutions for Greater Control
Unlike custodial solutions where control over assets resides with a third party, Inabit enables customers to retain full self-custody. With advanced hardware encryption, private keys remain encrypted at all times:
- At rest: Private keys are securely stored within the enclave.
- In transit: Data transfers occur under strict encryption protocols.
- During processing: Even while signing transactions, keys remain shielded from exposure.
This robust model minimizes risks such as fraud, theft, and misuse of keys, which have plagued other cryptocurrency platforms.
Partnership with Google Cloud and AMD: A Foundation of Trust
Inabit’s success is deeply intertwined with its partnerships with Google Cloud and AMD. These collaborations have enabled the development of a platform that prioritizes security without sacrificing usability:
- Google Cloud Confidential Space:
- Provides unmatched cryptographic strength.
- Facilitates remote attestation, enabling Inabit to verify workloads securely executed in trusted environments.
- Ensures that code and data remain tamper-proof.
- AMD SEV Technology:
- Delivers hardware-based encryption at the CPU level, preventing unauthorized access.
- Enhances the scalability of Inabit’s services, supporting increased transaction volumes seamlessly.
Driving Innovation with Trusted Code Attestation
One of Inabit’s standout features is its ability to leverage trusted code attestation, a capability co-developed with Google Cloud. This innovation allows Inabit to:
- Guarantee that only verified code is executed within the secure enclave.
- Build trust with customers by ensuring that keys, permissions, and transactions remain secure.
- Scale efficiently, integrating seamlessly into Inabit’s continuous integration and deployment (CI/CD) processes.
Seamless Integration for Businesses of All Sizes
Inabit’s platform is designed for ease of use, offering businesses and institutions a seamless experience. Customers can perform a variety of operations, including:
- Blockchain transactions.
- Cryptocurrency swaps and conversions.
- Policy creation and enforcement.
With a rapidly growing user base, Inabit’s services have demonstrated their ability to handle increased transaction volumes while maintaining the highest levels of security.
Dr. Moti Geva, Inabit’s CTO, highlights the benefits:
“Google’s Confidential Space surpasses others in cryptographic strength and enables us to mitigate security vulnerabilities effectively. It’s a critical differentiator for our platform.”
Takeaway
As the digital landscape evolves, Inabit is setting the standard for secure digital asset management. By leveraging partnerships with Google Cloud and AMD, Inabit provides a platform that is both innovative and secure, ensuring that private keys and transactions remain protected at all times.
Inabit is not just redefining how institutions manage digital assets but is also building the future of self-secured custody through trusted computing technology. Businesses can now embrace cryptocurrency with confidence, knowing that their assets are protected by one of the most advanced security frameworks in the industry.