Bitcoin

Security and river transport company introduces digital asset custody solution

Prosegur has launched a digital asset management and custody solution called Prosegur Crypto. This was reported to the Cointelegraph company in Spanish through a statement.

“”The service is aimed at institutional customers who manage or invest in digital assets and require custody functions (…). In this way, Prosegur Crypto offers its customers the ability to store cryptocurrencies or other digital assets and manage them via a mobile application, “they explained in the statement.

They also explained that they combine physical security standards with cryptographic security technologies: “Users’ private keys are stored on Prosegur physical infrastructure with no internet connection, and assets under custody are protected by military-grade cryptographic and logical layers of security“.

Security and river transport company introduces digital asset custody solution
Security and river transport company introduces digital asset custody solution

Raimundo Castilla, CEO of Prosegur Crypto stated, “Our platform fulfills a real and urgent need that exists in the market today.”

In addition, they affirmed that Prosegur Crypto’s storage and management system enables financial firms, government agencies, fund and investment managers, family offices or exchanges to carry out the management process of their digital assets, including sending transactions to blockchain, without a direct connection to the internet that provides protection against cyber attacks.

In this sense, they remembered: “In just one year, cyber attacks on blockchain-based assets have more than quadrupled. If losses were estimated at $ 1 billion in 2018, they have hit $ 4.6 billion in 2019, making digital asset security even more critical. “

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