According to a recent study by Deloitte, a rising number of companies use digital assets for environment, operational, and transactional purposes.

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Business use of cryptocurrency undoubtedly presents a host of opportunities, but it also carries a unique set of challenges. One of those challenges, is keeping up to date with the latest technology.

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Book a call for your very own demo of the Blockdaemon Wallet™, or read on to get a closer look at what’s new.

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Within the cryptocurrency market and regulations, one thing is certain — near-constant change. This ongoing evolution can lead to a fear of obsolescence. This in turn can lead to nervousness around investments in cryptocurrency wallets and custody infrastructure.

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Companies often feel they have to choose between constantly updating your solutions, or falling behind the curve. But there is another way.

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Increasingly, institutions and venture capital firms are using flexible wallet and custody frameworks. These evolve to exploit new opportunities and navigate regulatory landmines.

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A flexible digital asset wallet will help you:

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• Support a wide range of protocols
• Provide consistent policy enforcement across different protocols
• Support different custody models in different markets
• Host wallets on different platforms to evolve services and satisfy regulators

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Multi party computation (MPC) provides a unique way to achieve flexibility while maintaining security and control of your wallet infrastructure.

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The Blockdaemon Advanced MPC Wallet is the leading flexible digital asset wallet. It removes the complexity of maintaining multiple wallets and allows you to focus on your core business.

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Top 3 Ways the Advanced MPC Wallet Easily Solves Your Flexibility Problem

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The Advanced MPC Wallet provides pioneering levels of flexibility:

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1. Unlimited flexibility

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The Advanced MPC Wallet pushes the boundaries of flexibility by supporting:

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• Any protocol and digital asset types (Ethereum, Bitcoin, NFTs and much more)
• Any custody model (full-custody, shared-custody, self-custody)
• Any hosting environment (on-premises, private cloud, public cloud)
• Any device type (containers, VMs, mobile, desktop)
• Any operational model (hot, warm, cold, hybrid model)

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2. Flexible policy engine technology

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The flexible policy engine supports quorums and checklists. Operational and conditional controls allow you to choose and optimize policies to maximize security and adapt to evolving requirements.

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3. Seamless policy enforcement

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The Advanced MPC Wallet provides uniform policy enforcement for all protocols and digital assets. Institutions need a solution with a flexible approach to policies and new regulations in the ever-evolving crypto market.

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Why You Should Choose the Advanced MPC Wallet Today

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Most MPC wallets aim to minimize the risk of theft.

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They do this by eliminating ensuring a complete private key is never held by any single party. However the standard of protocols and implementation approaches used by different MPC wallet providers vary greatly.

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The Advanced MPC Wallet is designed for large-scale institutional investors, exchanges, custody providers, and mid-size companies.

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Here’s  why the Advanced MPC wallet is the right choice for your business:

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Choose Blockdaemon to Achieve Digital Asset Wallet Flexibility

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Blockdaemon offers two wallet model choices to help you maximize flexibility:

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• The Advanced MPC Wallet is ideal for those who need a white-label, institutional-grade wallet platform.
• The Advanced MPC TSM is for those who prefer to build their own wallet and integrate market-proven MPC technologies.

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