TokenSoft launches Knox Wallet for Digital Securities

Custody is a crucial key for the thrive of digital security. With the latest press release from TokenSoft, the company has launched the beta of Knox wallet, a mobile first, self custody solution.

Knox incorporates offline cold storage, role-based access control, an cryptographic authentication, as three levels of security. Enterprise users can use the wallet to manage digital securities and digital assets, like Bitcoin and Ethereum, in an easy user interface.

Knox is also designed for issuers, including asset-backed tokens, like equity, debt and real estate. For the exchanges, Knox can use it to administer the issued securities on the platform.

The Knox Wallet is being tested right now, and the company plans to make it available in Q1 2019. People interested can sign up for a demo through the official website. 

Mason Borda, CEO of TokenSoft stated that it is important to protect real-world assets with the same level of security they treat the traditional digital assets, when it enters the blockchain world.

“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,” he said.

Share

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.