Publication time: August 13, 2020
Source of information: BitcoinAssociation.net
August 13, 2020-CYBAVO, a digital currency security and asset management company, officially announced today that it will support Bitcoin SV (BSV) in its enterprise product suite.
CYBAVO provides enterprises with a series of services for secure storage and management of digital assets, including private key storage, enterprise management services and digital currency custody solutions. Their main product is the enterprise storage and wallet management platform CYBAVO VAULT, which provides enterprise customers with a variety of leading digital currency enterprise-level banking functions.
CYBAVO VAULT and CYBAVO Wallet SDK-solutions to simplify the development of digital currency wallets for corporate customers, have officially added support for Bitcoin SV.
Driven by the various applications supported by the BSV blockchain, CYBAVO has increased its support for Bitcoin SV, which is another example of the ever-increasing usage of BSV digital currency. Through unlimited capacity expansion, the BSV blockchain can provide low-cost peer-to-peer payment transactions and a larger data capacity, thereby realizing advanced functions such as tokens, smart contracts, Internet of Things (IoT) communications, and enterprise-level applications. The Bitcoin SV ecosystem has now grown to have more than 428 known projects and companies.
When talking about today’s announcement, CYBAVO CEO Paul Fan said:
"Bitcoin SV aims to expand the adoption of blockchain for enterprise-level practical paradigms. At CYBAVO, we have the same vision for a scalable and commercially available blockchain solution because it can inspire enterprises and the public to adopt blockchain The acceptance of the chain. Therefore, for us, adding Bitcoin SV support to our digital asset custody platform CYBAVO VAULT and mobile wallet SDK is the only logical choice."
In addition, Jimmy Nguyen, the founding chairman of the Bitcoin Association (a global industry organization that supports Bitcoin SV), also said when talking about today's announcement:
"As we have witnessed the continued growth of the overall Bitcoin SV ecosystem, the demand for enterprise-level digital asset security and management solutions (such as the solutions provided by CYBAVO) will increase. Due to the powerful expansion of Bitcoin SV Ability, large companies will build applications on it, these companies will generate massive BSV microtransactions, and need to use a secure wallet to manage a large number of transactions in daily operations. We are very happy that CYBAVO provides Bitcoin SV enterprises with another kind of satisfaction A strong choice for its security and asset management needs."
To learn more about Bitcoin SV and listen to the voice of Jimmy Nguyen, the founding chairman of the Bitcoin Association, please participate in the upcoming CoinGeek live broadcast conference, which will be an online and offline collaborative event. The conference will be held on September 30. Live online in New York and London until October 2. Please log on to the conference website www.coingeekconference.com to register.
Currently, more than 400 projects worldwide are built on the Bitcoin SV blockchain. With rock-solid agreements and declining transaction fees, the Bitcoin SV ecosystem has developed rapidly, and we look forward to more unprecedented commercial applications in the future.