TechFlow news: Cobo, a digital asset custody and wallet technology provider, announced the launch of its Safe{Wallet} co-signing service, enabling users to independently parse and conduct risk control on Safe multi-signature transactions within custodial addresses, further enhancing transaction security.
This solution introduces Cobo's MPC addresses or Web3 wallets into Safe{Wallet} as co-signers. As an independent third party, Cobo ensures that its signing infrastructure is separate from other signers, eliminating single points of failure that arise when multiple signers rely on shared infrastructure. Additionally, leveraging Cobo’s robust risk management system, each transaction undergoes anomaly detection to promptly block potential unintended activities. Through Cobo Guard, Cobo’s digital asset security protection system, transaction review and cross-validation are performed to effectively prevent data tampering or forgery, ensuring transaction authenticity and validity.
