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Tokensoft Introduces Beta

TokenSoft Introduces Beta-Powered Knox Wallet

Blockchain company, TokenSoft has introduced the beta-powered Knox wallet for enterprises managing digital securities and digital assets. The new wallet is designed to provide a better user experience and address security risks. It melds three levels of security, mainly offline cold storage, role-based access control and cryptographic authentication.

Mason Borda, CEO of TokenSoft said it is important to protect real-world assets with the same level of security that traditional digital assets have. “We built Knox for our clients of all types who are launching asset-backed tokens and collectively are planning to place over $1 billion in digital securities on to the blockchain in 2019.” He said there should be adequate solutions to secure the assets as it arrives on blockchain. “We expect a number of types of enterprises to use Knox Wallet, including exchanges that could use it to manage and administer assets trading on their platform.”

The beta-version of Knox is a combination of institutional grade methods of storgae for multiple assets with a mobile-first sensibility and an easy to use interface to safely store assets. The new Knox can hold digital assets such as Bitcoin and Ethereum.

Paul Thornton

Paul Thornton is a part of CryptoLighty's news reporting team. He holds bachelor degree in economics and sociology. He is strongly engaged in writing and trading in cryptocurrencies. He is involved in crypto from last 3 years. Before that, he was avid trader and analyst for forex markets.

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