Product Profile
Language Support:
United KingdomUnited States
Technology Category: Blockchain
Screenshots
Product/Service Description
The Gem platform provides simple and secure management of cryptocurrency wallets.
Simple: because GEM API and client libraries manage the complexity of working with a digital currency, while presenting a high level interface that is easy to use.
Secure: because Gem wallets use multi-signature and Hierarchical Deterministic Wallets with granular rulesets and multi-factor authentication.
Customer Overview
Total Number of customers undisclosed
Customer Size Large Enterprise , Medium
Customer Type Corporates , IT Integrators
Target Market Africa , Asia , Australia/New Zealand , Europe , Global , North America , South America
Specific georgaphical coverage United States of America
undisclosed
Demo & Case Study Urls https://gem.co/signup
Features
- Transactions from a Gem wallet require two signatures for authorization, one from a private key held by Gem, and one from a private key held by the wallet owner.
- The wallet owner also has a third private key, intended for offline backup, that allows the cosigning of transactions without Gem involvement.
- Multisignature scheme for cryptocurrency processing
Benefits
- The risk of theft is mitigated, because it requires compromising two keys.
- Gem cannot spend from a wallet without the owner’s authorization since we hold only one key.
- The wallet owner does not require Gem’s authorization for expenditures.
Platform & Workflow
Server OS undisclosed
Workstation OS Windows , Mac
Programming Language and API Java, Ruby, Python 2.7, Node
SetUp and Installation Options Online, through GEM account
Deployment Period Within minutes
Reporting Capabilities
Security Options Multi-factor authentication is central to Gem’s security model. Developers and Users are required to provide a phone number for SMS MFA token delivery (TOTP-based apps like Google Authenticator are supported as well, but fallback SMS is required).
The product/service compliant with the following regulatory standards undisclosed
Connectivity, Hosting and Intergration
Hosting Option Inhouse , Hosted by provider
Hosting provider undisclosed
Devices Supported Mac , Mobile Web App , Web-based , Windows
Compatibility with Database Management System (DBMS) N/A
Third party integration undisclosed
Support Services
Support Option Online Support , Phone Support , Knowledge Base
