CALABASAS, Calif., Sept. 12, 2024 /PRNewswire/ — After months in early entry launch, Swan Bitcoin has made its superior self-custody product, Swan Vault, obtainable to most of the people. Swan Vault empowers purchasers to manage their very own Bitcoin with out counting on exchanges, banks, or different establishments.
With Swan Vault, purchasers keep full management over their Bitcoin and don’t need to go it alone. This autonomy is prime to Bitcoin‘s promise: guaranteeing that an individual’s funds stay theirs with out restrictions. Swan Vault requires two of three keys to unlock. The consumer holds two keys and manages the third key, referred to as the Cloud Key, utilizing the Swan Vault platform. This manner, if a consumer loses a key, they will get better their funds. Multifaceted threat and safety administration techniques powered by machine intelligence and a layer of human verification guarantee the very best degree of safety for cosigning when utilizing a Cloud Key.
Swan Vault was constructed to be the smoothest onboarding expertise for superior Bitcoin self-custody within the business. “We rigorously designed Swan Vault to take away the technical obstacles and complexity that always deter folks from embracing self-custody,” mentioned Yan Pritzker, Co-founder and CTO of Swan. “Swan Vault empowers anybody to confidently take custody with a streamlined expertise and white glove service from our workforce.”
Swan Vault seamlessly combines easy-to-use software program with {hardware} that delivers one of the best mixture of safety and accessibility. Vault was constructed to work hand-in-glove with the Blockstream Jade signing machine, also referred to as a “{hardware} pockets,” used to approve Bitcoin transactions. This tight integration permits the smoothest onboarding course of for a collaborative self-custody service.
“Blockstream Jade signing units are designed to be each intuitive and safe, making them the perfect complement to Swan Vault’s client-focused method,” mentioned Adam Again, CEO of Blockstream. “This simplicity doesn’t compromise safety; somewhat, it seamlessly combines ease of use with strong safety, guaranteeing purchasers can confidently safeguard their belongings with out coping with pointless technical complexity.”
By combining impartial management with a strong security web and professional steering if wanted, Swan Vault delivers peace of thoughts to Bitcoiners in any respect ranges. Swan Vault is now obtainable to most of the people at swan.com/vault.
As a collaborative self-custody resolution, Swan Vault could be built-in into your property planning course of immediately. Wanting forward, the Vault workforce is already engaged on Inheritance providers to cowl distinctive and various consumer wants when passing Bitcoin on to future generations.
About Swan
Swan is a number one Bitcoin monetary providers firm with greater than 130,000 purchasers. Established in 2019, Swan helps people and establishments to know and put money into Bitcoin. The Swan app simplifies Bitcoin purchases with instantaneous and recurring buys. Swan IRA gives a tax-advantaged resolution for saving Bitcoin in retirement accounts. For HNWIs and companies, Swan Non-public gives white-glove service for giant purchases, treasury options, and inheritance planning. With Swan Vault, purchasers can simply custody their very own Bitcoin with peace of thoughts. Swan Managed Mining gives purchasers with totally segregated and devoted mining operations, catering to their distinctive necessities, alternatives, and strategic benefits. Swan prides itself on distinctive consumer service, making Bitcoin approachable to all. For extra info, please go to swan.com.
About Blockstream
Blockstream is the worldwide chief in Bitcoin and blockchain infrastructure. Blockstream’s sidechain expertise (Liquid Community) permits trustless Bitcoin swap settlements and safe, reliable sensible contracts whereas empowering monetary establishments to tokenize belongings. Blockstream Mining gives colocation providers to miners, throughout a number of enterprise-class mining services. Blockstream’s Core Lightning implementation of the open Lightning Community protocol is the go-to code for enterprise Lightning Community deployments on Bitcoin. Blockstream Jade is an easy-to-use, open-source {hardware} pockets that provides superior safety for Bitcoin and Liquid belongings. Blockstream Inexperienced is the world’s most superior shopper Bitcoin pockets. Blockstream was based in 2014, with workplaces and workforce members distributed all over the world.
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SOURCE Swan Bitcoin
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