18 February 2014

Coinkite To Offer Secure Storage For Bitcoin Companies

Bitcoin debit card provider Coinkite has expanded its mission – it now wants to be the go-to provider for bitcoin companies needing safe private key storage.


The company, which shipped the first point of sale systems for its bitcoin debit cards early this year, is preparing to launch an API this summer, which will enable companies to store their bitcoins on its custom-built hardware storage modules (HSMs).



“With this API you’d have deposit and withdrawal and receiving address generation power,” said CEO Rodolfo Novak, explaining how third parties could use its HSMs to store funds offline for their users.


Continue reading at CoinDesk



February 19, 2014 at 06:14AM