Big step from Google for cryptocurrency security: Coming in the new year

Artificial intelligence-supported hacking attacks and many cryptocurrency theft incidents, which have become very common especially by 2026, have also mobilized large companies. While the hacking of not only hot wallets but also cold wallets frightened cryptocurrency investors, the last step came from Google. According to the news in Coindesk from the US media; Google has developed a new system to make cryptocurrency storage and transfer more secure.

How will security be ensured?

This new system, called "Google Multi-Party Compute (MPC)", prevents private keys, known as "private keys", from being stored in a single place. This means hackers will have to access multiple systems to obtain private keys.

In this new system, a person or institution will be able to store some of their private keys in their own system and some in their cloud storage area. When a transaction is desired, approval will need to be obtained not only from one place, but from many places. This distributed structure will cause attackers to have to capture more than one location. Security thresholds can also be increased according to demand. For example, the security level can be increased with a system of 7-8 pieces instead of 2-3 pieces.

It is expected to open to everyone in the new year

The system has not been opened to everyone yet. It is currently being tested by major financial institutions, including Google. However, according to the news, it is expected to be opened to corporate and individual customers at the beginning of 2027.