Stealth Secures Exclusive Partnership With Unbound

By AIT News Desk On Nov 30, 2020

World Class Security Provider Adds Unbound’s Multi-Party Computation Based Cryptographic Solutions

Unbound Tech, leader in cryptographic key management and protection solutions designed for an increasingly interconnected world, announced that signing of an exclusive strategic partnership agreement with Stealth Solution, a Seoul Korea based, FinTech service provider and value-add reseller, who is shifting the way financial institutions secure and privatize their digital assets.

“Stealth Solution exclusive partnership with Unbound Tech enables us to offer their Secure Multi-Party Computation based cryptographic platform throughout the Korean marketplace.” Stated, HG Wang, president at Stealth Solution. “With Unbound we are expecting to provide our customers with the new paradigm of next generation vHSM from traditional HSM and world-leading intelligent security management system.”

This strategic partnership enables Stealth the exclusive right to supply and service Unbound’s Multi-party Computation (MPC) based key management platform to their clients and prospects across Korea. The fully embedded platform which can be used to secure assets, information and identity is 100% software and supports all types of infrastructure no matter the OS, on-premise or cloud scenario with cooperation across any device, anytime anywhere.

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Prof. Yehuda Lindell, co-founder and chief executive officer at Unbound Tech commented, “Our collaboration with Stealth reflects the emphasis that financial institutions and enterprises are putting on proven cryptographic security. This exclusive agreement, joining our trusted key management platform with Stealth’s comprehensive security knowledge and expertise, delivers the most cutting-edge, all in-one platform to manage cryptographic keys anywhere.”

Unbound’s advanced cryptographic key management platform is currently protecting the 3 largest banks in the United States, 9 of the largest global banks, as well as is the defacto solution for many Fortune 500 companies. This tenure will allow Stealth to confidently implement and service any client looking to add the MPC enabled Unbound platform for protecting all their digital assets.

“By partnering with Unbound, Stealth Solution is able to exclusively introduce their highly trusted cryptographic key management platform to protect digital assets with not only Korean domestic top-tier banks including big tech companies, but also with the Financial and Government Authorities to lead security industry.” added, M Jay Kang, chief executive officer Stealth Solution.

We are proud to strengthen our relationship with Stealth and make them our signature service partner in Korea.” Stated, Rocco Donnino, vice president of strategic alliances at Unbound Tech “Together we will be equipped to respond to the security needs of banks and enterprise clients who understand the proven benefits of adopting MPC and next generation authentication from Unbound.”