THELOGICALINDIAN - In a column bound by the CTO CoFounder Dr Adam Joyce UKbased Bitcoin analytics close Elliptic has appear that it has been awarded Security Project of the Year accolade by the arch banking annual The Banker
The Banker’s Technology Projects of the Year awards are amid the awful coveted in the industry. This year, the annual accustomed 270 submissions in assorted categories such as accident management, security, amusing media, cardinal transformation, trading, payments, developers APIs, abstracts and several others. Other winners included JPMorgan Asset Management, BNY Mellon, Citigroup, BBVA, OTP Bank and ParFX Prime.
The Banker awards board explained:
Sound accumulator and administration of blockchain technology has become acute in today’s bazaar … Elliptic Vault addresses these key aegis issues. Projects such as Elliptic Vault could advice accomplish Bitcoin added adorable to almost accepted or bourgeois banking institutions that still shy abroad from this new technology and its aegis issues.
James Smith, CEO and co-founder at Elliptic said,
“Bitcoin and added blockchain-based assets accomplish as agent instruments – if you lose the key, you lose ascendancy of the asset. It is, therefore, capital that companies application this technology assure their keys in the best defended way possible. Elliptic Vault provides that enterprise-grade security, giving the user aplomb that their blockchain assets are safe.”
Elliptic Vault is amid the best trusted babysitter casework for institutions. It is the aboriginal aggregation to accept been insured by a Fortune 100 insurer and the aboriginal in the UK to accept accustomed VC funding.
To accouterment the ever-growing annoyance of the money laundering, the aggregation afresh launched an alternate decision apparatus – The Bitcoin Big Bang – that marks added than 250 arresting entities and identifies the actual affairs amid them.
The aegis and analytics close additionally partnered with Bitcoin derivatives barter Crypto Facilities to accompany action standards to Bitcoin trading.
