According to Foresight New news, according to CoinDesk, British encrypted asset insurance company Coincover will provide third-party key disaster recovery services for encrypted custody technology provider Fireblocks. Fireblocks uses MPC key sharding technology, and users can independently back up their keys; Oliver Cummings, director of strategy and partnerships at Coincover, said, "If something happens to users or Fireblocks, Coincover can act as a third party to restore wallets for customers," because Coincover "has Very fixed processes and standard service level agreements".