Key Management: The Future of Web3 Security

Dec 10, 2024

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In this episode, Ian Andrews (CMO, Chainalysis) speaks to Riad Wahby, the Co-founder & CEO of Cubist, a company that stands at the forefront of private key management, promising robust security solutions that both protect cryptocurrency assets and enhance usability for developers and enterprises.

Riad discussed the company’s commitment to optimizing the secure handling of cryptographic keys, an often overlooked yet critical aspect of blockchain technology and explains the vulnerability for exploitation of existing key storage solutions like MetaMask, hardware wallets, and MPC setups.

The technical discussion provides easy to understand explanations of concepts like, threshold signature schemes, multi-party computation and complete mediation and even touches on secure hardware solutions and user-centric designs that can transform web3 technology into an everyday tool for the average user.

Minute-by-minute episode breakdown

2 | Cubist's role in secure key management for blockchain organizations

4 | From chip design to blockchain security and entrepreneurship

8 | Balancing security and convenience in cryptocurrency key management

15 | Complete Mediation: Embedding policies in secure hardware for key management

20 | Amazon’s AWS dominates secure hardware for cloud services

24 | Exploring threshold signature schemes and multi-signature approaches

27 | Understanding what went wrong with Axie Infinity’s Ronin Bridge and how the industry can learn from this hack

32 | Exploring secure web3 policies without Solidity and enhancing smart contracts with secure hardware for secret computation

39 | Making web3 usable for everyone with improved wallet usability

Related resources

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Speakers on today’s episode

Ian Andrews *Host* (Chief Marketing Officer, Chainalysis)
Riad Wahby (Co-founder & CEO, Cubist)

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