In London there was a service offering insurance in Bitcoin
Posted by Unknown
on Friday, 15 January 2016
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In London there was a service offering insurance in Bitcoin
In London, began to operate the service for the insurance against loss
and theft of deposits denominated in the virtual currency Bitcoin,
reports BBC BBC.
Service Elliptic Vault provides the ability to "Bitcoin storage in
deep freeze", which means that private encrypted passwords assets
nomination in Bitcoin, are stored on the servers offline in a safe
place.
Elliptic Vault founders claim that they offer insurance to owners of Bitcoin "first in the world."
According
to the current in the developed world legal standards, stolen Bitcoin
can not be restored, because all transactions in the virtual currency is
irreversible. In contrast to the money held in bank accounts in the traditional
currencies and assets denominated in Bitcoin, are not insured, and in
case of loss of the funds will not be returned.
Online
wallets used for storage Bitcoin, are subject to cyber attacks, and
some owners of Bitcoin has experienced sudden disappearance of their
funds. In
particular, by James Howells has lost about $ 7.6 million. When thrown
your old hard drive, forgetting about stored on the Bitcoin.
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Labels: Insurance
