Fireblocks and Google Cloud partner to enhance PKM security

2024-11-27 18:17:51 Primitive Reading

From cointelegraph by Tristan Greene

Digital assets platform Fireblocks has announced a partnership with Google Cloud to integrate “Confidential Space” security features to enhance the security of its private key management (PKM) offerings.

The integration combines Google Cloud’s security with the Fireblocks platform alongside a suite of security tools including an attestation service, identity and access management (IAM), and key management service (KMS).

Together, the suite purportedly provides end-to-end security for digital assets on the Fireblocks platform — which, according to the firm, meets all applicable regulatory and compliance requirements.

Fireblocks shared details on the partnership on X.com. Source: Fireblocks

Per Michael Shaulov, CEO and co-founder of Fireblocks, by integrating with Google Cloud’s Confidential Space, the company gives customers the ability to “run critical digital asset operations in a highly secure and scalable environment.”

Shaulov said the integration will help large enterprises and institutions “that require enhanced privacy and security for their digital asset operations.”

Digital asset security

Digital assets management is a constantly evolving industry at the crossroads of technology, security, and, in many cases, blockchain. Fireblocks has positioned itself as a foundational player in the sector.

As Cointelegraph recently reported, Ethereum blockchain-based Web3 company Immutable recently tapped Fireblocks as an ecosystem partner to assist game developers in securely storing and managing their assets.

Related: What is Immutable, and why is it important for blockchain gaming?

Confidential Space

The challenge of securing blockchain-based technology, which is inherently resilient to a significant number of attack vectors, requires a leveraged approach. One method Google Cloud uses to accomplish this is its “Confidential Space” service.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.