Vaultavo Introduces Biometric Smart Card Based Crypto Custody Solution

Vaultavo has developed a patent-pending crypto custody solution to address the security requirements of the institutional market and its clients.

The Vaultavo Custody Solution combines the world's first biometric digital asset custody smart card with state-of-the-art proprietary vaults and secure SaaS digital platform and access portals, to create a solution that reinvents custody as we know it today.

The world's first biometric smart card, designed to protect digital currencies against hacking and outright thefts, has been introduced by Vaultavo. The Vaultavo system is designed for the institutional market to address one of the critical roadblocks to crypto's expansion -- the vulnerability of online trading, transacting and protection of digital assets.

The world's first biometric smart card, designed to protect digital currencies against hacking and outright thefts, has been introduced by Vaultavo. The Vaultavo system is designed for the institutional market to address one of the critical roadblocks to crypto's expansion -- the vulnerability of online trading, transacting and protection of digital assets.

The integrated hardware and software solution protects digital assets by creating and managing the Blockchain private key on the bank grade secure Vaultavo Card – a decentralized approach to security which mirrors cryptocurrencies, Web3 and DeFi and differs from competitive solutions that have attempted to provide security in a centralized manner.

The secure element in the Vaultavo Card, the foundation of the solution, boasts EAL7 security certification, making it safer than most, if not all, other custody solutions. The Vaultavo Card is the same size and thickness as a bank card, has a built-in biometric reader, an E Ink display, rechargeable battery and Bluetooth, NFC and USBC connectivity capabilities.

The patent-pending technology was developed to address one of the critical roadblocks to crypto's expansion – the vulnerability of online trading, transacting and protection of digital assets. The size and scope of the problem is monumental; according to blockchain data provider Chainalysis, illicit transaction volume rose for the second consecutive year in 2022, hitting an all-time high of $20.1 billion.