‹‹Trustology, a
London-based institutional cryptoasset custody firm dedicated to
enabling global crypto adoption, today announces that it will be
partnering with Digital Asset Shared Ledger (DASL) ” a platform
developed by LAB577 to
transform traditional financial instruments into digital assets. This
partnership allows Trustology to join the Corda Network, making the
company the first cryptoasset custody wallet provider on the network.
The finance-grade, enterprise-ready, regulatory friendly DASL
facilitates the globally secure atomic value transfer of digital assets
across the Corda Network ” a peer-to-peer network of nodes, enabling
interoperability across multiple systems, apps, and processes. Using the open DASL solution on the Corda network, Trustology will be
able to support fulfilling its mission to accelerate the crypto economy
worldwide. œLAB577 is delighted to partner with Trustology and bring them onto
the Corda network using DASL. As a member of DASL, Trustology will be
able to provide an even better service to their customers for key
management and safe custody of digital assets, said LAB577 CEO and
former Head of Emerging Technology at RBS, Richard Crook. Trustology has developed TrustVault ” a fast, user-friendly, and
highly secure insured custodial wallet service designed to address the
security and ownership shortcomings of existing custody solutions as
well as provide on-chain and on-exchange controls for managing and
securing assets. TrustVault provides an equal level of speed,
flexibility, and access demanded of traditional assets and account
services within conventional finance. Speaking on the collaboration, Trustology CEO Alex Batlin remarked:
œWe need to do our part in building an ecosystem that is safer, faster
and easier for both individual and institutional crypto
adoption. Partnering to support infrastructure designs such as the Corda
Network and its token issuance is a step in that direction because we
remove barriers to purchase and offer a frictionless, secure experience
to foster trust. As the first cryptoasset custody wallet provider on the Corda
network, Trustology will be working on delivering a host of new benefits
to clients. These include extending wallet compatibility to Corda-based
tokens and providing reliable key management and secure custody
services to holders of Corda assets. For more information, please contact mia.mohamed@trustology.io. About LAB577 LAB577 is a software company co-creating applications using emerging
technology for clients in the financial services industry. Visit lab577.io/. About Trustology Trustology's vision is to create the most compelling cryptoassets
company of the 21st century. Our first focus has been securing and
managing cryptoassets for private, corporate and institutional investors
with our TrustVault platform technology and insured institutional
custodial services. Visit trustology.io. Source - https://www.newswire.com/news/trustology-is-first-cryptoasset-custody-wallet-provider-to-join-corda-21148157
| Company Name | Contact Person | Contact Number | Email Id | Website | Address |
|---|---|---|---|---|---|
| TRUSTOLOGY CRYPTOASSET CUSTODY SOLUTION | 47976249234 | alex.batlin@trustology.io | https://trustology.io/ |
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