| The name of the base system (platform): | Projects based on blockchain technology |
| Developers: | DataArt, BankEx (AVA finance) |
| Date of the premiere of the system: | 2018/10/01 |
| Technology: | Cybersecurity - Means of enciphering |
2018: Opening of full access for all users of BANKEX Custody
On October 1, 2018 DataArt announced cooperation with BANKEX financial technical-company. The cooperation purpose — implementation and start of BANKEX Custody Service, depository service for storage of cryptocurrency which provides protection against natural damage, human errors and cyber attacks. After the monthly period of the closed use (access by invitations) the BANKEX Custody service opens full access for all users.
Specialists of DataArt played a key role in development safe a solution blockchain which formed BANKEX Custody basis — the mechanism of the storage of cryptocurrency similar to a standard depository cell. The account holder signs the agreement on storage with BANKEX Custody, secret keys to cryptocurrency wallets are in storage where external access is not provided (including, access for personnel of BANKEX). Thus, the depositary receipt has the status of an asset.
BANKEX Custody accepts such cryptocurrencies as Bitcoin Cash, Bitcoin, Litecoin, Ethereum and BKX (a utility-token of BANKEX ERC-20 based on Ethereum) and is available to both private, and institutional investors. The service fee is not provided, and there are no restrictions of minimum deposit amount.
 | Many technology firms claim that they have examination in the field of a blockchain, but to find the company with real experience in this industry very difficult. While service well is suitable for institutional investors, the lack of a limit on the minimum deposit means that we are also glad to provide services to the small firms and persons locating smaller assets in cryptocurrency. Igor Hmel, CEO of BANKEX
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In plans of BANKEX and DataArt — development of service and adding of other cryptocurrencies.
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