TokenSoft launched a cold storage service for security tokens.
The beta version of the security tokens wallets service called Knox wallet supports the multi-signature feature. The solution is focused on the corporate sector and is suitable for storing both conventional cryptocurrencies and digital assets with characteristics of securities.
As real-world assets enter the blockchain world, it’s important to protect them with the same level of security we treat traditional digital assets. We see this of critical importance given that almost $1 billion of cryptocurrency was stolen by hackers in the first three quarters of 2018 alone.
The wallet supports ERC20, DS-20 (Securitize), ST-20 (Polymath) and R-tokens of the Harbor platform. It is also friendly with assets that are more familiar to the community, such as Bitcoin and Ether. However, Borda stressed that the developers focused specifically on security tokens, and not on cryptocurrencies. On the other hand, such tokens can be issued on Ethereum, Stellar blockchains, as well as on R3 or Hyperledger platforms.
The release of a full version of the wallet, available to a wide range of market participants, is expected in the coming months.