What is BlockVault by Goldmoney?
Image source: BlockVault
The World’s Only Vaulted Cold Storage with 3rd Party Insurance, Auditing & Public Company Transparency
Another reveal by Goldmoney and Menē founder co-founder @roysebag today on Twitter:
This is the news:
The website says :
“BlockVault offers some of the world’s only cold storage solution with third-party insurance, auditing, and public company oversight and transparency, while remaining free of conflicts for ecosystem partners.”
A cold storage solution with insurance for crypto??
I have never heard of this before BlockVault, and I think this is a big deal. Roy does say that this is geared towards High Net Worth individuals and institutions, but I still think this is a HUGE and important step for cryptocurrency in general.
There hasn’t been a real way for big institutions to invest in crypto like Bitcoin, Ethereum, Bitcoin Cash and Ripple until now.
As a publicly traded company, with financials transparent and reportable earnings , this will give institutional investors and HNW investors the ability to make large investments directly into the crypto space.
Your crypto is protected ... REALLY protected, with vaults and armed guards... and against theft and and loss.
There is also mentioned of FULLY collateralized borrowing and lending ... with crypto. Can’t wait until we find out more about that!
Is this what finally makes investing in crypto go mainstream?
Do you know any High Net Worth Crypto investors here on Steemit that might be interested in the Beta launch?
Show them this post or send them here:
Thanks for reading everyone!
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Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
https://steemit.com/steemit/@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
https://steemit.com/mene24k/@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner
To find out more about what Goldmoney is from your fellow Steemians : https://steemit.com/contest/@goldmatters/what-in-the-world-s-goldmoney-winners
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I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
All images sourced from Menē and Goldmoney.
Read more about Goldmoney: https://steemit.com/@goldmatters
What is Menē 24k gold and platinum investment jewelry?
I will let famous Steemian @coruscate explain:
Would be nice to get an in depth video review on how your experience has been so far. I am looking into Goldmoney. What are some advantages vs buying physical bullion? Would be nice to hear your perspective. @goldmatters
I would say the advantages are 1: Cost. 2. Being able to buy incremental amounts (you can buy a few dollars worth on your phone). 3. Security 4. Transactablity. 5...... it is physical gold, kept in vaults with armed guards around the world:). Thanks for the question !
This is a GENIUS idea!!! I also think it is a pretty big deal because like you said, there really hasn't been a way for large institutions to invest in crypto. Definitely can't wait to learn more about the fully collateralized borrowing and lending either!
Should be big!
I’m going to check this out! Not for me but I have a few ideas up my sleeve and this may be able to reduce counterparts risk completely! Hmm!! Thank you for sharing this!
Thanks for reading!!
Do you know any High Net Worth Crypto investors here on Steemit that might be interested in the Beta launch?
Yes, I know of @neoxian, he will be interested in this awesome concept.
I hope he likes it!
Who doesn't like security?
Wow, this is amazeballs! (Do Cali people say that too?) I'm not high end but this is pretty cool. Crypto protected w/ vaults and armed guards?
Nice. Finally using protection haha
No we say amazeavocados usually. Yes, there is A LOT of protection here!
Very interesting concept @goldmatters! I think that the added security will draw more people in with crypto currencies.
I agree. Just imagine what would happen to little old STEEM with some mainstream attention !
Good news from #goldmoney this week, in fact this is an amazing week of celebration to you @goldmatters for the great achievement to #mene24k
i love mene24k gold more love to you @godmatters...
Thanks frank!
Hi Goldmatters. That really is good news. I may not be high end but if I had enough that is what I would want for my crypto
Yes I agree
When it comes to finance and crytocurrency I think a platform that offers data storage security, Insurance (of course everyone wants to invest with some form of leverage) and transparency (key) should thrive. Blockvault is the next big thing.
I believe so too
Bro Menē 24k is not relenting at all. That's the attitude for successful business enterprise.
How's it going? I'm a GoldMoney investor. So is BlockVault a blockchain product that monitors people's investments/transactions in physical gold or other metals stored remotely and registers those transactions? Do you think this product is marketable to other firms? ty, and peace
Hello again! BlockVault is not completely launched yet and is a crypto based venture. Goldmoney already has a ledger for physical metal transaction for several years now. Check out this blockvault page.... https://www.blockvault.ch
ah, not launched yet... sounds like your basic crypto project then ! HAHAHAHA ~ ty, cheers (-: