Qredo: Eliminating private key theft from custodial systems
We make breakthrough technology that secure digital assets and high-value information for the financial services and telecom industries. For cryptocurrency exchanges, Qredo eliminates the threat of cryptocurrency private key theft. Private key theft has cost the cryptocurrency exchange industry close to a billion USD in the first half of 2018 alone.
Our patented and patent-pending line of Shapeshifter HSMs and companion multi-factor authenticator apps is a leap forward in the digital asset protection market. Qredo takes the unique approach that key storage is the issue, and our elliptic curve cryptography technology (like the kind used in Bitcoin) enables digital assets to be stored in a decentralised manner across the organisations that own them.
Qredo is working with lighthouse customers to secure their infrastructure and bring out Shapeshifter HSMs to the wider market.
Shapeshifter products utilise technology from Qredo’s European Patent No. 2810402 and patents pending portfolio.