Guardtime and Metaco announced the launch of its new solution, SILO, which allows banks to take custody of their clients’ cryptocurrency assets.
The SILO solution, launched to an audience of over 80 senior bankers in Geneva, brings together cutting-edge software from Metaco with advanced hardware from Guardtime, a company which specializes in anti-tamper hardware. The patented multi-wallet solution deployed partly on-premise and partly in the cloud is designed to manage multiple accounts with different currencies and includes security protocols such as multi-signature and transaction flow limits. In short, it allows banks to provide clients with the highest-grade protection of their assets while still giving them liquidity to trade and make payments.
Read the full piece on Guardtime’s blog.