CipherBC, based in Dubai and with years of experience, is a leader in enterprise-grade MPC business wallet suite, has signed an MOU with TradeGo, the premier digital platform driving the transformation of global bulk trade, together to explore potential collaboration in pioneering the comprehensive MPC ecosystem dedicated to bulk trade. Through this MOU, both parties will explore opportunities to enhance secure, automated, and compliant fund flows in global bulk trade, particularly in between China and the Middle Eastern region.
The Collaboration Framework Enhancing Institutional Crypto Infrastructure
CipherBC and TradeGo will explore the integration of MPC technology into institutional bulk trading, enhancing security, compliance, and efficiency across the TradeGo ecosystem. Through this collaboration, the parties will assess potential solutions for digital asset storage, regulated custody, and co-managed trade execution, establishing a new benchmark for institutional crypto infrastructure.
As part of this exploration, CipherBC will introduce enterprise-grade Web3 infrastructure for crypto asset storage, offering Flexify MPC Wallet and CipherSafe MPC Cold Wallet. These solutions ensure secure, decentralized key management while enabling RAFP-compliant trade settlements.
Secure, Compliant, and Trustless Trade Execution with MPC
A key area of exploration under the MOU is a co-managed trade fund flow framework powered by MPC, designed to eliminate security risks, enhance operational integrity, and ensure regulatory compliance. By leveraging MPC, private key security is significantly strengthened – keys are never fully exposed as they are jointly generated and distributed among multiple parties, preventing any single point of failure.
To further enhance asset security, the framework incorporates a 2-of-3 multi-signature custody model and a dynamic shard refreshing mechanism. This means that transactions require multiple authorizations, ensuring a high level of control and reducing attack vectors. Additionally, key shards are periodically refreshed without changing wallet addresses, providing long-term resistance to security threats.
The integration of CipherSafe MPC Cold Wallet adds another offline security layer, completely isolating critical key data from online threats. Meanwhile, smart contract-powered execution ensures that trade payments and fund flows are automated and transparently enforced, reducing human intervention and minimizing operational risks.
To guarantee full regulatory compliance, RAFP-compliant transaction validation and multi-party signature execution are embedded within the framework. Each trade is automatically verified against identity, fund legitimacy, and approval authority checks, with MPC-based threshold signatures executed only when all compliance conditions are met. This ensures that institutional transactions within the TradeGo ecosystem remain fully secure, auditable, and aligned with global KYC/AML regulations.
Reshaping the Fundamental Logic of Global Bulk Trade
Bulk trade is the backbone of the global economy, linking key industries with annual volumes in the tens of trillions of dollars. Yet, slow fund flows and high trust costs in traditional models hinder its growth. Now, blockchain and MPC technologies are transforming global trade into a truly digital, trustless system. TradeGo and CipherBC are exploring the solution with an integrated ‘Blockchain + MPC Ecosystem + Smart Contract’ approach.
Leslie, Brand Director from CipherBC stated: “Bulk trade underpins the global economy, yet fund flow security and efficiency remain key challenges. CipherBC is dedicated to building the most robust enterprise-grade MPC wallet infrastructure. Our partnership with TradeGo leverages MPC and smart contracts to solve the ‘last mile’ of fund flows, ushering in a new era of secure, transparent, and compliant payments.”
Lin, Business Director from TradeGo emphasized: “TradeGo is committed to reshaping trust in bulk trade through blockchain. Through the collaboration with CipherBC, we hope we can find a solution to achieve full digitalization from bill of lading to fund payment, while elevating fund security.”
About CipherBC
CipherBC is a leading provider of business MPC wallets suite. With CipherBC Flexify the warm wallet for flexible fund management and CipherSafe the cold wallet for ultimate asset protection. CipherBC now supports more than 89 protocols and 1600 tokens, securing over 20 million transactions with 15 billion transaction volume globally.
About TradeGo
TradeGo is a global benchmark platform driving the digitalization of bulk trade. TradeGo’s product suite spans from TradeDocs, a blockchain-enabled electronic bill of lading and documentation platform; BunkerGo, designed to streamline fuel bunkering processes; and TradeSign, providing secure digital contract solutions via smart contracts.