RATE Group | BANKEX partners with DataArt to launch cryptocurrency storage solution
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BANKEX partners with DataArt to launch cryptocurrency storage solution

02 Oct BANKEX partners with DataArt to launch cryptocurrency storage solution

Posted at 09:37h in Cryptocurrency News by

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DataArt and BANKEX have teamed up to launch BANKEX Custody Service – a blockchain-powered crypto storage service that offers protection against natural damage, virtual attacks, and human error.

After a month-long, invitation-only period, BANKEX Custody is now available to all users, institutional and individual.
 
DataArt played a key role in developing a secure blockchain-based service, which has become the cornerstone of BANKEX Custody, a cryptocurrency storage mechanism similar to a regular deposit box account. The account holder enters into a storage agreement with BANKEX Custody, and the private keys to cryptocurrency wallets are stored in the depository with no external access, including by BANKEX personnel. The depository receipt is then treated as an asset.
 
BANKEX Custody accepts Bitcoin Cash, Bitcoin, Litecoin, Ethereum, and BKX (the Ethereum-based BANKEX ERC-20 utility token) and is available for both individual and institutional investors. There is currently no fee…

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