BANKEX Custody Cryptography is a technology that prevents unauthorized access to BANKEX customers’ funds. Custody Cryptography is one of the fundamental elements of BANKEX Custody.
Top level security of users’ funds.
- One account
Cold and hot storage in one account.
How it works
The cold storage is a fully isolated module subject to security auditing. The HSM modules securely hold the keys, which give access to the private keys, which are in turn held in a database protected with strong encryption.
The private keys give an access to the hot storage, which is connected with the cold storage through a gateway. The user commands below the set funds limit will be serviced by the hot storage. The ones exceeding it will engage the cold storage.