Blockchain
BitIRA Doubles its List of Cryptocurrency IRA Assets Available to Investors
BitIRA, a pioneer of cold storage and end-to-end insurance for bitcoin IRA accounts, announced it has doubled its lineup of cryptocurrencies for its digital IRA customers. The following digital currencies are now available:
- BAT: Basic Attention Token, powering a blockchain-based digital advertising program
- GRT: The Graph, an indexing protocol for querying network data
- LPT: Livepeer, the decentralized video streaming network protocol
- MKR: Maker, the governance token of the MakerDAO and Maker Protocol that manages the DAI stablecoin
- YFI: yearn.finance, the native cryptocurrency of the titular DeFi aggregator service.
- MANA: Decentraland, the currency of the Decentraland virtual world
- COMP: Compound, a DeFi lending protocol
- DAI: Dai, an Ethereum-based stablecoin
- UNI: Uniswap, a popular decentralized trading protocol and automated market maker (AMM)
These days, investors are looking for new ways to diversify. These 9 additional cryptocurrencies offer exposure and countless opportunities to diversify your savings among some of the fastest-growing, most popular investments available.
Innovating services, expanding offerings
Wasn’t BitIRA’s original cryptocurrency options sufficient for their customers?
“We’re always looking to innovate both our services and our offerings for our customers,” said Jeremy Warner, Head of Sales at BitIRA. “We’re thrilled to double the total number of digital currencies in our crypto IRA line-up, just a few months after we waived ongoing fees and rolled out our self-service My BitIRA platform.”
But why these particular digital coins? At the time of this announcement, the cryptocurrency price tracking website CoinMarketCap lists over 19,000 different digital currencies, stablecoins and defi tokens. Why does BitIRA only add only nine out of this myriad?
“That’s a fantastic question,” Warner said, “and it’s one we answer a lot. It boils down to two factors: regulation and rigor.”
Regulation, in this case, refers to both U.S.-based exchanges and governmental policies. Warner explained that BitIRA’s partner exchange operates within the oversight of the Security and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). “We only work with exchanges, and with cryptocurrencies, that meet the rigorous standards laid out by the SEC and FINRA.”
Rigor refers to the requirements of the insurers who underwrite BitIRA’s end-to-end insurance. “We work with a panel of London insurance companies all rated S&P A or better, all who’ve had experience underwriting digital assets,” Warner said. “In many ways, they’re even more particular than the SEC and FINRA when assessing cryptocurrencies.”
Ultimately, BitIRA strives to offer retirement savers the growth potential of cryptocurrencies in a manner that allows diversification among cryptocurrencies, as well as across traditional retirement asset classes. “After all, this is people’s retirement savings we’re talking about,” Warner said. “That’s not where you want to be speculating. Let me put it another way: sure, there are thousands of cryptocurrencies. The selection BitIRA offers? That’s what I personally would want in my retirement plan.”
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
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