The British security service G4S has begun to offer a service for the autonomous storage of Bitcoin and other cryptocurrency assets.
G4S is included in the FTSE 250 index (a capital-weighted index consisting of shares of companies ranked from 101st to 350th by market capitalization among the largest companies on the London Stock Exchange) and provides security services, including personal security , transportation of large sums of money and prisoners in 90 countries of the world.
Now the list of her services has been added to the service for storage of cryptocurrency assets.
As stated by G4S chief analyst for risks, Dominic McIver, the company moves assets offline and divides them into “fragments” that independently retain their value. G4S stores cryptocurrency assets in "protected vaults, inaccessible to cybercriminals and armed robbers."
“Access to these sites is limited due to several levels of security and reliable protocols. Only when all the fragments are combined using a unique technology, can you access the assets, ”added Dominic McIver.
He also noted that initially the creators of cryptocurrency planned to change the fundamental architecture of money. Now, Dominic McIver is convinced, the cryptoindustry, along with the traditional financial system, is exposed to various threats – fraud, market manipulation and theft.
“Our innovative solution helps to protect against some of these threats. Thanks to this, people and business can be calm, knowing that their cryptoactive assets are safe, ”he said.
Access to the G4S service can be obtained after passing a series of checks. The terms and details of the provision of services are not disclosed.
Recall that in May BitGoin start-up BitGo introduced a new secure storage service cryptocurrency.
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