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Bitalo Launches Secure Bitcoin Platform

Morag Mcgreevey
Jan. 06, 2016 09:41AM PST
Fintech Investing

Bitalo has launched a multi-service bitcoin platform with user-side encrypted multi-signature hierarchical deterministic wallets.

Bitalo has launched a multi-service bitcoin platform with user-side encrypted multi-signature hierarchical deterministic wallets.
According to the press release:

Thanks to a backup transaction users can even get the bitcoins out when the website is completely offline and the whole database is lost.
This is the basis for Bitalo’s new fully integrated multi-service platform.
While big banks and regulators tend to focus on blockchain technology and bitcoin as payment method and show their complete misunderstanding of the purpose of Bitcoin, Bitalo launches a new platform that does the opposite: try to focus on Bitcoin for the use as real currency.

Click here to read the full press release.

 

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