Home News PR: Kinesis Partners With Hardware Wallet Provider CoolbitX

PR: Kinesis Partners With Hardware Wallet Provider CoolbitX

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This is a paid press launch, which incorporates ahead trying statements, and ought to be handled as promoting or promotional materials. Bitcoin.com shouldn’t be liable for or responsible for any content material, accuracy or high quality throughout the press launch.

21/08/2019, London: Kinesis is proud to announce a partnership with CoolBitX Technology, the builders of the world’s first credit score card-sized {hardware} pockets, the CoolWallet S. This partnership will allow Kinesis digital currencies, KAU (1-gram gold) and KAG (1-ounce silver), together with the Kinesis Velocity Token (KVT) to be saved on the CoolWallet S {hardware} pockets, together with different cryptocurrencies.

The {hardware} pockets is a up to date cell answer that secures crypto belongings and empowers the person. As skinny as a bank card, it could possibly match safely within the person’s pocket or pockets, giving discreet entry to your holdings, on the go, wherever you’re.

Compatible on each Android and iOS, the usability and the patented water-proof and tamper-proof safety make the CoolWallet S the chilly pockets of alternative for these looking for a safe, revolutionary and handy chilly storage answer.

This distinctive partnership has been shaped with Kinesis clients in thoughts, as storage of Kinesis currencies on the CoolWallet S will nonetheless monitor and ship fee-sharing yields to holders. This new type of “cool storage” is about to be built-in with the Kinesis Blockchain Network, and supplies customers with an added layer of safety by having their gold and silver currencies safely secured in an offline atmosphere.

The CoolBitX mission is carefully aligned with Kinesis’s imaginative and prescient to offer blockchain options that enable for protected and energetic participation for everybody. To ship a bridge between blockchain expertise and on a regular basis use this partnership varieties a key element in making digital currencies extra accessible, marking an necessary milestone within the blockchain trade.

CoolBitX has drastically decreased the menace from third-party phishing scams by providing its personal app together with its {hardware}. This end-to-end safety will present Kinesis foreign money holders with larger safety and management of their digital currencies, over and above every other exhausting pockets answer obtainable available on the market immediately.

Michael Ou, CEO of CoolBitX, stated: “We are proud to be the partner of choice for Kinesis in offering their customers a safe, user-friendly way of securing their digital assets. Our CoolWallet S solution is aimed at giving consumers the certainty that their assets are secure, while maintaining flexibility and ease of use through bluetooth connectivity. The KAU and KAG tokens serve as valuable additions to the CoolBitX ecosystem, as the first precious-metal backed tokens on CoolWallet S, while the Kinesis team share our overall ambition of providing a safe and efficient user experience for all members of the trading community.”

Thomas Coughlin, CEO Kinesis feedback: “Our customers expressed the need for a secure, hard wallet solution to protect their Kinesis currencies and we listened. We are very excited to be able to deliver this solution to our customers and even happier still, with such a cutting edge product built by an industry leader in hard wallet technology. CoolWallet is a great solution and we look forward to launching this as an option that provides our customers with greater peace of mind.”

About Kinesis
Kinesis is a financial system based mostly on the historically secure commodities, gold and silver. Kinesis customers can immediately spend their treasured metals holdings at level of sale anyplace on the earth with the Kinesis debit card or switch immediately over the blockchain in seconds, opening up quick cross-border funds with low transaction charges.

Unlike different gold and silver backed cryptocurrencies, Kinesis currencies are divisible digital models of bodily gold and silver, utilizing the blockchain as a medium of alternate and a registry of possession.

Holders of the Kinesis currencies have allotted authorized title to the underlying bodily bullion holdings, eliminating counterparty threat and permitting for bodily redemption immediately from certainly one of seven Kinesis vaulting suppliers.

This system is made protected and dependable by means of a plethora of strategic and technical partnerships with deep roots within the treasured metals and alternate industries.

The Kinesis Velocity Token is a utility token connected to the success of the Kinesis system, offering contributors with a 20% share of all of the transaction charges generated proportionate to their holdings of the restricted 300ok provide.

Over 79,000 KVTs have been offered to this point and are presently on the market to the general public at USD1,000/KVT.
KVTs at the moment are within the public sale interval, ending on 30th August 2019. More info obtainable at www.kinesis.money

About CoolBitX
CoolBitX Technology Ltd. (CBX) is a world blockchain safety firm that makes a speciality of designing and implementing U.S.-patented digital asset compliance software program and {hardware} platforms for hundreds of thousands of world customers. Founded in 2014 by Michael Ou and backed by an funding from SBI Holdings, CoolBitX launched its first technology pockets in 2016, and launched the CoolWallet S in 2018. With all its safety features pared right down to the scale of a bank card, CoolWallet S is the world’s first {hardware} pockets that enables for bluetooth-enabled pairing with customers’ cellphones. CoolWallet S additionally shops a number of digital belongings, together with BTC, ETH, LTC, XRP, BCH, ZEN, BNB, and ERC20 tokens. Currently, CoolBitX is concentrated on the event of Sygna, a whole KYC/AML answer that can foster optimum regulatory compliance and drastically enhance the popularity and operations of the digital foreign money trade at massive. For extra info on CoolBitX, go to https://coolbitx.com/.

This is a paid press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or companies. Bitcoin.com shouldn’t be accountable, immediately or not directly, for any harm or loss induced or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or companies talked about within the press launch.

Tags on this story
BCH, Blockchain, BTC, cold wallet, Coolbitx, Coolwallet S, Debit Card, ETH, gold, Kinesis, Kinesis currencies, KVTs, LTC, Michael Ou, partnership, silver, Storage, Wallet, XRP, zen

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