Tuesday, October 17, 2017

A Secret Bunker Vault in the Swiss mountain for Bitcoin

The wildly growing Bitcoin Company Xapo gives super security physical storage place for its customers to keep their Bitcoins. Interestingly, they are not charging for this service. It’s free. They smartly converted the decommissioned Swiss military bunker into a super safe vault for their customers. Actually, its precise location is secret, only accessed by a handful of Xapo executives.

Having this idea Xapo has raised nearly $ 40 million from Benchmark, Greylock Partners, Index Ventures, Fortress Investment Group, Ribbit Capital and Emergence Capital Partners.
The Xapo vault incorporates multiple layers of the most advanced forms of cryptographic security to secure our bitcoins. The whole process includes multi-factor authentication and private key segmentation between others.


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