> ## Documentation Index
> Fetch the complete documentation index at: https://custodydocs-en.chainup.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Create MPC System

## Introduction

The MPC System consists of two types: the **Workspace** and **wallets**.

A workspace can create **multiple wallets**.

### Use Cases

1. The wallet can be used for asset statistics for a specific business line, and wallet's addresses can be allocated to **different users**.

2. The workspace can be used for the overall asset statistics of a company, and wrokspace's wallets can be allocated to **different business departments**.

## Create Workspace

After logging into the Custody App and switching to the MPC system, you can create an MPC Workspace based on your business needs.

![](https://mintcdn.com/zhp-9d4bf690/jn5DQXdzx8XWiKhy/images/quickstart/mpc1.png?fit=max\&auto=format\&n=jn5DQXdzx8XWiKhy\&q=85\&s=772c1a2b364226be617f7f36790532b4)

![](https://mintcdn.com/zhp-9d4bf690/jn5DQXdzx8XWiKhy/images/quickstart/mpc2.png?fit=max\&auto=format\&n=jn5DQXdzx8XWiKhy\&q=85\&s=97f736729bcc0aea2feeb13c43d83dba)

![](https://mintcdn.com/zhp-9d4bf690/jn5DQXdzx8XWiKhy/images/quickstart/mpc3.png?fit=max\&auto=format\&n=jn5DQXdzx8XWiKhy\&q=85\&s=91b19d5d1c5f06c9172f20a0e296b492)

> [!NOTE]
>
> When you create an MPC Workspace, the system will automatically create an associated wallet of type Web3.

> [!WARNING]
>
> **Key Steps and Considerations:**
>
> * Design the workspace name carefully. For differentiation of wallet purposes and convenient team management, the wallet name cannot be changed after creation.
>
> * If the default wallet configuration does not meet your requirements, you can contact your account manager or email for support ([custody@chainup.com](mailto:custody@chainup.com)).
>
> * The private key password is crucial for encrypting and decrypting private key shares. Please manage it carefully.

## Create wallet

After creating the MPC workspace and completing the backup of private key shares, you can proceed to create wallets under the MPC workspace.

![](https://mintcdn.com/zhp-9d4bf690/jn5DQXdzx8XWiKhy/images/quickstart/mpc4.png?fit=max\&auto=format\&n=jn5DQXdzx8XWiKhy\&q=85\&s=02f93f0d1ab8e7eccc611caf04f227a5)

![](https://mintcdn.com/zhp-9d4bf690/jn5DQXdzx8XWiKhy/images/quickstart/mpc5.png?fit=max\&auto=format\&n=jn5DQXdzx8XWiKhy\&q=85\&s=eaba6cae28d30db7bd2bc1744704ccd3)

![](https://mintcdn.com/zhp-9d4bf690/jn5DQXdzx8XWiKhy/images/quickstart/mpc6.png?fit=max\&auto=format\&n=jn5DQXdzx8XWiKhy\&q=85\&s=d1ad8ac16320779323759864e9eacb5d)

**1. Select Target Workspace**

Open the list of wallets and begin creating a wallet.

> [!WARNING]
>
> Design the wallet name carefully, as the name cannot be changed after creation.

**2. Create with Private Key Signature**

Enter the **private key password** for signing, and after successful signing, the wallet is created.


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