# What are the benefits of MPC technology?

Compared with other solutions, signing transactions with MPC is much more convenient and attuned to everyday users.

* Blockchain-agnostic: MPC operates in the mathematical layer and, therefore, can be seamlessly applied to multiple blockchains and serve as the underlying technology for a true multi-chain wallet.
* Single Point of Failure Elimination: This is the key to MPC-level security. Your private key within an MPC-backed solution is never created or held in one place.
* Usability: Today, MPC is no longer a data science niche. Customers are using it to detect financial fraud, aggregate model features across private datasets, and much more.&#x20;
* Track Record & History: Secure computation has a long history. Since the 1980s, MPC has been a fertile area to investigate basic and general questions regarding utilizing multi-party computation for practical applications.
