Penta Security Systems Inc.

Penta Security and blockchain software firm R3 today announced that they have entered into a global strategic partnership for digital asset management and MPC (Multi-Party Computation) technology, combining Penta Security’s technologies and R3’s extensive enterprise blockchain platform, Corda.

Penta Security Systems Inc. launched PALLET Z, a hardware security module for asset management solutions. PALLET Z is constructed to protect against asset management threats, thus, maximizing efficiency. It is built on PALLET framework, a crypto algorithm blockchain protocol developed by Penta Security.