BitVault® introduced to FinTech community at London event
Embedded Downloads officially introduced BitVault®, the world’s first blockchain phone and crypto communicator at an event on 31 October 2017.
The event was held at an exclusive London venue welcoming selected guests from the banking, fintech and corporate community to an evening of food, drinks, and entertainment.
The event was also attended by representatives of VVDN Technologies from India, the design and manufacturing partner for the BitVault®.
According to Embedded Downloads the product was well received and the company and BitVault® team had numerous follow up meetings after the event. The company mentioned that there was specific interest in the product from the banking community as the product has unique features for customer identification using a combination of biometrics, NFC [ Near Field Communication ] technology and cryptography.
One of the advanced features of the BitVault® is the enhanced biometrics of the device which is provided by Swedish company Fingerprints. According to the Fingerprints website:
“The BitVault® is a secure communication device providing a range of blockchain services such as messaging, banking, calling, document transfer, media vault as well as a secure blockchain developer platform.
With FPC1028’s maximum biometric performance combined with industry-leading iris technology ActiveIRIS®, and NFC technology, the BitVault® becomes the most secure device on the market for Bitcoin transactions. Yet again Fingerprints is proven its leadership in biometric multi-modality market. The fingerprint sensor supports FPC 360Touch®, FPC OneTouch®, FPC TouchNroll®, and FPC EvoTouch®” – https://corporate.fingerprints.com/en/2017/11/02/fingerprints-touchless-biometric-solution-activeiris-and-touch-sensor-fpc1028-power-bitvault-smartphone/
Embedded Downloads also announced the opening of the BitVault® Application store to developers.
Developers get access to key features of the BitVault® such as dynamic key creation, the use of biometrics for authentication, access to an integrated private blockchain, secure messaging, secure calling and the ability to handle secure data as well as many of the other security features of the BitVault®.
The BitVault® native applications include cryptocurrency wallets for Bitcoin, Ethereum, Bitcoin Cash and EOT. Developers will have the ability to create in-app purchases or premium upgrades using these currencies. Developers could also create their own cryptocurrency wallets and/or other applications with the same security features as the current applications on the BitVault®.
There are numerous advantages and opportunities for developers developing for the BitVault®. The BitVault® is being sold to large organizations such as banks, FinTech companies, government organizations etc as well as to the general public. Developers thus have the opportunity to showcase their applications to a large audience and on a newly developed platform. Developers also have the advantage that they can develop blockchain enabled apps without the need of developing their own blockchain. All the security and other features of the BitVault® gives the developer a multitude of tools to develop unique and potentially profitable applications.
Developers will be supplied with a BitVault® development toolkit to enable them to create these applications. Due to the unique security nature of the
BitVault® and the closed ecosystem, a “Developer BitVault®” has been developed as a testing device for all applications.
There will be a series of Developer Conferences announced shortly, the company said.
Developers can sign up at: – www.bitvaultdeveloper.com/
More details on BitVault® – https://swissbankinyourpocket.com/bitvault/
BitVault® is owned and developed by Embedded Downloads, with development offices in Limerick, Ireland and New Delhi, India. Embedded Downloads specializes in secure hardware and software relating to the “Internet of Things”.[ www.embeddeddownloads.com]
BitVault® is a registered trademark of Embedded Downloads and all rights are hereby reserved.
BitVault®, the World’s first Blockchain smartphone and also known as a crypto communicator. BitVault® was launched in London on 31 October 2017, a unique device that makes use of cryptography for encryption (EOT) ensuring cybersecurity, another World’s first.
The BitVault® is being sold to large organizations such as banks, FinTech companies, government organizations etc as well as to the general public.