Bitcoin on paper: Bitcoin Suisse presents new crypto certificates | BTC-ECHO
The Swiss crypto-financial services provider Bitcoin Suisse has launched the second generation of its crypto certificates. In fact, these are paper wallets for the cryptocurrencies Bitcoin, Ether, Bitcoin Cash, Bitcoin SV and Tezos.
Bitcoin meets cotton
The Bitcoin Suisse crypto certificates come in the "design" of banknotes and contain both the respective public key and the private key. The latter hides behind an opaque layer with optical security features. In order to get to the private key, this layer must be scraped off. This is to ensure the counterfeiting and manipulation security of the crypto certificates. The crypto-bill is 100 percent cotton.
The first Bitcoin Suisse crypto certificate with the look and feel of a traditional banknote has revolutionized the design of Paper Wallets. The new series is packed with next-generation technologies (…). Everything is state-of-the-art – from the refined design to the various counterfeit-proof protection mechanisms,
The crypto service provider has also made special safety precautions when producing the crypto certificates:
Certificates were created under the most stringent security measures that kept the Private Keys under wraps at all times. In addition, several certified notaries accompanied the particularly sensitive parts of the production process. The process has been documented in the form of a document that will be publicly available.
In addition to the above-mentioned cryptocurrencies, selected Bitcoin-Suisse customers can also purchase crypto certificates for the Ethereum-based stable coin DAI and the CryptoFranc (XCHF). The "Crypto-Franken" is also a stable coin. XCHF is – one might already suspect – covered 1: 1 by reserves in Swiss francs.
Bitcoin Suisse is seeking a banking license
The crypto-financial service provider not only shows with the reissue of its Bitcoin banknotes that it has ambitions to shake up the Swiss financial market. In July, Bitcoin Suisse applied for a banking license from the Swiss Financial Supervisory Authority FINMA in order to further expand its service offering.
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