Metaco Uses IBM Cloud Platform to Store Digital Assets – Bits Media

Swiss company Metaco, developing infrastructure products to protect digital assets, I have concluded an agreement with IBM on the use of the IBM Cloud cloud platform for storing cryptocurrencies.

Thanks to the use of the IBM Cloud platform, IBM Cloud Hyper Protect Services solutions, as well as their own developments, Metaco plans to create a solution to an institutional level for storing digital currencies. The Metaco product will also provide other services necessary for regulated financial institutions, eg, tokenization and orchestration of assets, transaction management and so on.

To ensure secure customer access to their closed keys, Keep Your Own Key cryptography will be used (Kyok). She will be protected by Metaco customers. CEO of the company Adrien Tracksani (Adrien Treccani) noted, that cooperation will allow Metaco to ensure a higher level of security for its customers when creating products and services in the field of digital assets.

“Fiducial obligations of the asset management requires, so that the storage of these assets is performed by regulated castodial services. Our solution allows you to distribute and manage assets between several storage services. All this is included in a holistic risk management system and control. The orchestration of assets can be configured and automated, Provide instant and safe assets movements. In this way, The client will always be confident in the safety of his assets, but will be able to quickly respond to changing the situation in the markets ", -said the Vice President of Metaco for strategic alliances Simus Donahu (Seamus Donaghue).

Recall, that at the end of last year, the Spanish company Prosegur launched a division for storage of cryptocurrency assets of the institutional level.