Qredo uses advanced cryptography and a decentralized implementation of multi-party computation to secure digital assets. Digital asset transactions are signed using a cryptographic signature scheme that runs across independent MPC nodes, the QredoMPC, thus not requiring the creation of a private key.
Unlike other MPC solutions that store critical ownership data in threat-vulnerable cloud databases and hardware enclaves, QredoMPC is driven by an immutable blockchain, the QredoChain, that records all transaction and governance activities executed on the Network.
Qredo supports fast-finality crosschain swaps utilizing the QredoWatcher, a chain integration service for creating MPC-secured wallets and tracking asset balances on supported networks.
To take a deeper dive into how Qredo works, check out our technical papers: