Coca Partners Wirex to Launch ‘World’s First’ MPC Wallet
Coca, a cryptocurrency wallet provider, has partnered with Wirex to launch the world’s first multi-party computation (MPC) wallet with a linked non-custodial debit card.
The product uses MPC technology, allowing multiple parties to access an account without revealing private information or secret data. The collaboration will allow users to spend their cryptocurrency securely at around 40 million merchants worldwide. The debit card can be virtual or physical and enables direct crypto transactions without preloading. Additionally, an IBAN feature will enable users to make transactions in euros and access banking services.
(With inputs from Shikha Singh)
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