BitVault® Introduced in the Netherlands
Oct 26, 2017, 16:52 ET
LIMERICK, Ireland, Oct. 26, 2017 /PRNewswire/ -- Embedded Downloads officially introduced BitVault®, the world's first blockchain phone and crypto communicator at the "Enterprise Mobility – Is mobile the face of digital transformation?" event organised by BTG on the SS Rotterdam on the 25th of October 2017.
Who is BTG?
BTG is a branch organization, combined with a service/purchasing organization (TGG) and a research and development lab (BTG)
- Founded in 1986, ranking number 3 of ICT associations in the Netherlands
- Original focus on telecommunications, anticipating on ICTdevelopment in later decades; front against the monopoly of a number of providers
- Around 200 members; large and middle-sized companies in branches: industry, government, education, healthcare, trading, services, banks, logistics, etc.
- At the event, a range of unique features of the BitVault® was introduced.
Dynamic Key Creation: - With the use of biometric identification combined with NFC technology, the user creates private and public keys every time the device is used. These keys are never stored anywhere and can only be created by the specific user. These keys are used for encryption of transactions, communication and other applications on the device.
Secure Calling: - The device uses advanced cryptography to enable public key to public key calling. Crypto currency transactions are used to create multi-layer encryptions. Secure Messaging: - The same cryptographic methods are used for secure messaging. BitVault® to BitVault® messaging is multi-layered encrypted. Secure Document Transfer: - When a user sends a document created on a laptop or a PC via the BitVault® as an attachment, these documents are transferred over a private blockchain separate from the BitVault® communication environment. Both the sender and receiver will need to download an application on their respective computers to send or receive documents. Keys to open these documents will be securely transmitted from BitVault® to BitVault®. In this way, outside documents can never enter the BitVault® communication environment keeping it safe from malware. Secure Browsing: - By using blockchain technology the BitVault® dynamically verifies websites through a set of confirmation steps. Browsing with the BitVault® is severely restricted and controlled with stringent rules to ensure the integrity of the environment.
Cryptocurrency wallets: - The BitVault® uses cryptocurrency in its applications and also comes with native cryptocurrency wallets. The BitVault® will ship with the following wallets installed: - Bitcoin, Ethereum, Bitcoin Cash, EOT.
BitVault® Application Store: - BitVault® comes with its own dedicated application store and is open to enterprise developers. Enterprises could develop proprietary applications dedicated to their customers.
More details on other features and specifications of the BitVault® are available on the website: 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".
BitVault® is a registered trademark of Embedded Downloads and all rights are hereby reserved.
Media Contact:
Peter Marais
+4402038242434
SOURCE Embedded Downloads Ltd.
Share this article