📞 iPhone wallet TrustVault promises "industrial grade", "bank vault" security for crypto
The first version of Trustology's TrustVault application was announced this week, which can be initially used to store ethere and eventually ERC-20 tokens and bitcoins. To use the wallet, Trustology executes customer identification processes (like a bank, says the CEO). And if the phone is lost, the funds can be recovered since the private keys are not stored on the device. TrustVault is also being offered to financial institutions as a white-label service.
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