Originally published on: November 26, 2024
Fireblocks, a leading digital assets platform, is teaming up with Google Cloud to introduce cutting-edge security features under the banner of “Confidential Space” to elevate the security of its private key management (PKM) solutions.
This strategic integration merges Google Cloud’s robust security infrastructure with Fireblocks’ platform, incorporating an array of security tools like attestation service, identity and access management (IAM), and key management service (KMS).
The amalgamation of these tools aims to deliver comprehensive security for digital assets on Fireblocks’ platform, ensuring compliance with regulatory standards, as per the company’s claims.
Fireblocks unveiled this exciting partnership on X.com, underscoring its commitment to elevating security standards in the digital assets realm. Michael Shaulov, CEO, and co-founder of Fireblocks, emphasized that by leveraging Google Cloud’s Confidential Space, customers can conduct critical digital asset operations in a highly secure and scalable environment.
This collaboration is particularly beneficial for large enterprises and institutions seeking heightened privacy and security standards for their digital asset operations.
Navigating the digital assets management landscape demands constant innovation and integration of advanced technologies. Fireblocks has emerged as a pivotal player in this sector, driven by a keen focus on security and compliance.
In a recent development, Ethereum blockchain-based Web3 company, Immutable, joined forces with Fireblocks to empower game developers with secure asset storage and management solutions.
The evolving landscape of blockchain-based technologies presents unique security challenges, necessitating a comprehensive and layered approach to cybersecurity. Google Cloud’s “Confidential Space” service epitomizes this approach, offering a confidential computing environment within its platform that ensures data isolation and encryption throughout.
Rene Kolga, senior product manager at Google Cloud, highlighted the widespread adoption of Confidential Space within the Web3 industry, underscoring its effectiveness in securing digital assets.
The partnership between Fireblocks and Google Cloud signifies a significant step towards fortifying security infrastructure in the digital assets sector. With Google Cloud’s cutting-edge technology and Fireblocks’ industry expertise, this collaboration is poised to drive innovation and security across the industry.
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