21M Insurance collaborates with Cobo to apply MPC wallet technology, enhancing security for life insurance using Bitcoin.

2025-11-03 09:09:03

Abstract generation in progress

21M Insurance, one of the world's first cryptocurrency-native insurance companies, has just announced a strategic partnership with Cobo to enhance security and efficiency for Bitcoin-based life insurance products. According to the agreement, 21M will implement Cobo's advanced MPC wallet technology to protect digital assets and improve the underwriting system along with intelligent risk management.

The initial phase focuses on the safe custody of digital assets for insurance products using Bitcoin, ensuring transparency and security for customers. In the future, collaboration may expand to include encryption of insurance contracts, asset management, and fund custody for lending protocols. This is an important step connecting traditional insurance with modern blockchain technology.

BTC-1.51%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.