Secure Bitcoin Wallet Integrated into the Portfolio by Volksbank Raiffeisenbank Bayern Mitte Starting on Our Website
Volksbank Raiffeisenbank Bayern Mitte has entered the crypto space with an innovative service, allowing customers to trade Bitcoin via online banking and securely store their cryptocurrency using the "VR-BitcoinGoCard". This new offering aims to make the world of cryptocurrencies more accessible for retail investors.
The "VR-BitcoinGoCard" is a high-security solution designed to protect cryptocurrencies, backed by over 200 years of expertise from OeSD in the high-security sector. The card, which resembles a credit card, offers maximum security for digital assets.
The card's private key is unlocked only when customers want to sell their Bitcoins or transfer them to another wallet. This key is specially protected and only becomes truly visible when owners initiate a transaction. The production process of the "VR-BitcoinGoCard" takes place entirely offline in a high-security environment, with no staff access to the central part of the cold wallet during production.
The "VR-BitcoinGoCard" is based on the cold wallet "chainlock", developed by OeSD and its digital subsidiary youniqx Identity AG in 2018. The chainlock technology provides enhanced security by ensuring that transactions or asset movements are cryptographically locked and cannot be reversed or manipulated after they are initiated. It also incorporates decentralization and tamper-resistant components, similar to secure Chain-key wallets that spread private keys across multiple physical pieces to prevent theft or hacking.
The card may also combine chainlock technology with identity verification by youniqx Identity AG, adding layers such as biometric or multi-factor authentication to tightly control asset access. This integration ensures only authorized users can access or move assets, providing an additional layer of security.
The "VR-BitcoinGoCard" offers secure offline storage for cryptocurrencies, providing protection against security vulnerabilities and large-scale hacks associated with online storage. The card features numerous security features also used in official identification documents such as passports or driver's licenses, including holograms, optically variable image elements, microprinting, UV printing, and a special protective film.
The new service offering also includes comprehensive advice on Bitcoin, making it easier for customers to navigate the world of cryptocurrencies. The Bitcoin value can be viewed in FIAT currencies such as euros or dollars at any time using a smartphone app.
Customers can securely store their Bitcoins in a safe or safety deposit box using the cold wallet "chainlock". This cold wallet is produced in a specially protected production area where Austrian passports, driver's licenses, and other high-security documents are produced.
For inquiries about the "VR-BitcoinGoCard" and the new service offering, customers can contact Mag. Thomas Pascher at +43 664 88690977 or pascher@ourwebsite.
References: [1] https://www.dash.org/chainlock/ [2] https://www.blockchainnews.net/articles/dash-chainlock-protects-against-51-attacks-and-double-spending-explained/ [3] https://www.theblockcrypto.com/linked/2018/09/26/secure-chain-key-wallet-technology-explained-and-how-it-can-enhance-security-for-crypto-assets
The "VR-BitcoinGoCard," backed by more than 200 years of high-security expertise, offers maximum security for digital assets in the business of finance, resembling a credit card and combining cutting-edge technology with offline storage. Additionally, this card utilizes chainlock technology developed by OeSD and youniqx Identity AG, providing enhanced security by making transactions irreversible and immune to manipulation, while also incorporating identity verification for added protection.
