CoinKite Reportedly Looking to Offer Bitcoin Companies With Private Key Storage
Toronto-based CoinKite is looking to offer bitcoin companies with private key storage, a report at CoinDesk suggests. In effort to do so, the company is said to be launching an API this summer, which will allow for the storage of bitcoins on their very own hardware security modules (HSMs). The company already uses HSMs to store private keys for their debit card users, but wants to resell access to the systems: "Very soon we will start reselling the HSMs too, so you won't even have to trust us with your private key," said the company's CEO Rodolfo Novak. "You could put one of our HSMs in....
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Bitcoin debit card provider Coinkite has expanded its mission - it now wants to be the go-to provider for bitcoin companies needing safe private key storage. The company, which shipped the first point of sale systems for its bitcoin debit cards early this year, is preparing to launch an API this summer, which will enable companies to store their bitcoins on its custom-built hardware security modules (HSMs). "With this API you'd have deposit and withdrawal and receiving address generation power," said CEO Rodolfo Novak, explaining how third parties could use its HSMs to store funds offline....
Coinkite is one of the leading bitcoin technology platforms offering multi-signature, bank-grade security, hardcore privacy, and a developer API. Coinkite has always advocated the potential of private web solutions for the bitcoin ecosystem and they have been working hard to offer the public new innovative solutions designed for privacy. Recently, Coinkite released their BitKit API and made it available to developers wanting to build their own bitcoin applications on top of the Coinkite platform. Now the Company has made available its latest release making that allows the Bitkit API to be....
Coinkite one of the most secure and useful online Bitcoin Wallets has expanded its multiple signature service to expand to up to 15 members. The expansion and cosigning tool will allow businesses more options and flexibility with their Bitcoin usage, management and security. The new security tool will allow for multiple levels of approvals as well as conditional withdrawal and more. A typical business can now expand their usage of Bitcoin and keep it more secure as well. The multi-signature expansion will allow for a chain of command and approval with more flexibility. Also Read: Coinkite....
CCN just interviewed the first company to market a Bitcoin point of sale (POS) system, Coinkite. Coinkite offers merchants the ability to accept Bitcoin through Coinkite terminals, as well as their own API (Application Programming Interface), which allows merchants to build robust check out systems for everything from online shopping carts to pizza restaurants. For shoppers, Coinkite offers their own Bitcoin debit card. You might remember Coinkite and how easy it is to use, from one of our stories back in January this year. Coinkite has recently revealed an Onion for Tor, as yet another....
For those that may not know Coinkite, it’s an independent business that focuses of bitcoin wallets, along with multi-signature wallets, touts bank-grade security along developer API and privacy. As CEO Rodolfo Novak would describe it, it’s a one-stop shop for everything you need. Coinkite just celebrated a year’s worth of hard work and dedication to the bitcoin infrastructure. To kick the next chapter off, they decided to offer a starter package to all users for free, knocking off the previous one percent withdrawal charges.