Startup Xapo launched about four years ago, its author – Wences Casares, Argentine financier and innovator, in love with cryptocurrencies. More precisely, only one of them: bitcoin. It offers owners wallets, which is already focused billions of dollars in capital, the most perfect for today the system of protection of access to these resources. And she deliberately covered with mystery.
The main problem for the security keys from a bitcoin wallet that is easy to hold. Hack the computer owner, for months on end to arrange attacks via the Internet, to bribe his Secretary or banal bandits that stole his smartphone. If the key is written to the drive and hidden in the safe, then gadgets are the owner of alarm traps will ever have to use the key for operations and foes immediately aktiviziruyutsya.
Xapo offers to hide the keys so that no not one of them will be selected. Physically they will be located in one of the five existing protected bunkers, including the former nuclear facilities. If the owner need to hold a transaction, it is a request, check the details and authorization which lasts more than two days. Details are classified, but the data suggest that the use of the most advanced technologies like the heart rate monitor in the scanner of fingerprints – to be able to use a severed limb.
Most of the time the keys are kept isolated from the Internet, the connection is strictly at the time of the transaction. The staff of one of the bunker will not be able to hold the entire chain of operations without the support of colleagues from two other places – it allows to exclude the possibility of bribery. It is also known that the development of the security algorithms was attended by retired employees of the U.S. Treasury and the CIA, and the customers Xapo very influential persons, financial institutions, hedge funds, etc. is rumored to be in storage already collected the keys to bitcoin on tens of billions of dollars.
Source — Bloomberg