A Digital Safety Box Deposit Is About To Launch

VersaVault, a subsidiary of Canadian financial institution VersaBank, validated it had completed beta testing of a “digital vault” for storing cryptocurrency.

VersaVault intends to attract crypto exchanges and funds as clients for the new tool. The product provides cryptocurrency storage on servers dotted throughout the world, the deposit box element resting in the fact the bank itself can not brute force the digital ‘boxes’ nor know their contents.

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