BC Vault joins forces with PARSIQ to offer the most complete, secure cryptocurrency vault system that leaves nothing to chance

BC Vault joins forces with PARSIQ to offer the most complete, secure cryptocurrency vault system that leaves nothing to chance
23.10.2019 11:09 am

BC Vault joins forces with PARSIQ to offer the most complete, secure cryptocurrency vault system that leaves nothing to chance

Blockchain , Cryptocurrencies

Today, blockchain monitoring platform PARSIQ announced a new partnership with BC Vault, a state-of-the-art hardware wallet with industry-defining features for secure crypto storage. By commencing this partnership, and in using PARSIQ’s features, BC Vault will become first crypto hardware wallet with active blockchain monitoring abilities, providing additional security to users and ensuring transparency of transactions.

PARSIQ’s blockchain monitoring platform will give BC Vault users the ability to be notified about transactions involving crypto assets secured on their cold wallet device, without compromising their security. Notifications and additional transaction information will be provided in real-time, allowing deeper insights during the transaction process.

Dmitry Fedotov, business development director at BC Vault, commented: “BC Vault was designed to be the most comprehensive and powerful crypto vault in the world - a premium solution for crypto holders that would use the best components available in the market. Our collaboration with PARSIQ is yet another unique partnership that gives us a competitive advantage in the market, as no other cold wallet provider has the ability to provide real-time notifications and transaction analysis to their users.”

Launched in October 2018, BC Vault is among the latest, next-generation hardware wallet solutions available for cryptocurrency asset holders. BC Vault supports over 10,000 digital assets - including mainstream Bitcoin, Ethereum, BNB, XRP, LTC, and EOS - and allows its users to manage 2,000 individual wallets on a single cold wallet device. It boasts advanced hardware features such as gyro sensors and USB-C connectivity, as well as state-of-the-art Ferroelectric RAM. Unlike standard hardware wallets which are commonly SD-based and may only retain information for a few years before failure, BC Vault’s Ferroelectric RAM ensures data retention on its devices, for over 100 years without charge.

PARSIQ is a next-generation blockchain monitoring and compliance solution, enabling deeper insights across supported blockchains, and the transactions taking place on them. This is facilitated by Smart Triggers, PARSIQ’s innovative monitoring technology, which is powered by the specialised ParsiQL programming language.

Andre Kalinowski, co-founder of PARSIQ, commented: “By combining PARSIQ’s advanced monitoring platform with BC Vault’s exceptional hardware, we have created the ultimate system for securing and monitoring your cryptocurrency assets. With our combined capabilities, every transaction using BC Vault’s hardware wallet is monitored in real-time, and private keys are kept secure in the hardware vault for decades.”

Related News

Trescon’s 14th World Blockchain Summit to Debut in Thailand This December

The 13th global edition of Trescon’s World Blockchain Summit successfully concluded in Dubai last month,... Read more »

Chainalysis Launches Compliance & Risk Assessment Software for Financial Institutions

Chainalysis, the blockchain analysis company, today announced the launch of Chainalysis Kryptos, new software designed to help financial institutions better understand the... Read more »

Identitii and Symphony partnership to add auditable information sharing to Symphony’s collaboration platform

Identitii Limited (Identitii, Company) (ASX:ID8), the FinTech reducing last mile payment hold ups for... Read more »

Ripple Announces More Than 300 Customers, RippleNet Growth

Ripple, the enterprise blockchain solution for global payments, announced today that the company has surpassed 300 customers. Ripple has also seen 10x year-over-year growth in... Read more »

DBS and Trafigura Partner on Blockchain Trade Platform

Singapore's DB Bank is teaming up with commodities trading house Trafigura to develop an open-sourced blockchain trade platform.

The pair, working with Infocomm Media... Read more »

Stratis Smart Contracts Challenge Starts Today

Stratis, an enterprise blockchain technology company, announces that its online hackathon to promote the use of smart contracts is now live. The Stratis Smart Contracts... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel