Trustology, a blockchain startup founded by people from banks BNY Mellon, RBS and Barclays, has launched a cryptocurrency depository for Ethereum. TrustVault solution consists of hardware modules located in secure data centers, and an iOS application that allows you to manage funds. This is stated in a press release.
Trustology says it successfully resolved the dilemma of transaction speed and private key security.
In the near future, TrustVault will support Bitcoin and ERC-20 tokens. However, at the moment the service is available only for residents of the UK.
Earlier, Trustology raised $ 8 million from the startup ConsenSys and Two Sigma Ventures.
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