Last weekend, leading experts of the Blockchain industry got together at Coinsbank networking event on the Turkish Riviera to discuss current issues in the sector. Speaking to Cointelegraph, Ronny Boesing, CEO of Coinsbank, described the event as a platform which was designed to connect people with the aim of changing the world with the Blockchain . The theme for this year’s Blockchain Party was “by connecting people bringing Blockchain tech to mainstream adoption.” Attendees from the US, UK, Finland, Germany, India, Latvia, Ukraine, Argentina, Russia, Serbia and Turkey were trying to answer one very tricky question: “What are the ways to break down entry barriers to digital money?” Coinsbank: Revolutionize the way people exchange value Boesing sees Coinsbank as the “new bank on the block” offering safer systems to its clients. The platform that started from Bitcoin trading operations has evolved more and more into a traditional bank with Blockchain benefits added as a layer on the top. As their biggest concern seems to be about customers feeling more secure and at ease with digital money, they are currently introducing a new type of safe wallet with multi-signature hardware. The access to this wallet is similar to a bank’s deposit box: the client can be sure that no one else except him or her is able to get hold of the funds. In order to make any kind of operation two keys are needed to be used – one retained by the customer and the other by the bank. Without a user key no external party is able to compromise its security. The bank is also planning to offer loans to customers as well in case the client experiences shortage of funds for developing businesses, personal money needs, unforeseen expenditure and urgency funding. Safe cryptocurrency wallet can be used […]
