While many companies in the Bitcoin space are working on the “killer app” that will drive mainstream consumer adoption, at Armory we are working on the “killer app” for institutional adoption: insurance. There are few investments that financial institutions can make that have the all-or-nothing security properties of a Bitcoin wallet.
Many proponents tout the benefits of irreversible Bitcoin transactions for consumers and merchants, but at the enterprise level irreversibility can actually be quite scary. […]