The institutional digital asset security platform by Curv will fully support BSV (Bitcoin Satoshi Vision), Bitcoin Association announced. Bitcoin Association is a global industry firm that supports BSV. Curv’s wallet service is being adopted extensively by various brokers, lenders, exchanges, OTC desks, and asset managers around the world.
In its most recent mission to grow the BSV’s ecosystem infrastructure, the firm was looking out for a supplementary security provider that wouldn’t be limited by certain rules such as the requirement of supporting the Pay-to-Script Hash (P2SH) and which would be blockchain agnostic. Curv presents users with the facility to easily manage and trade all types of digital assets on both ECSDA and EDDSA blockchains in a secure manner.
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Curv provides a mathematically secure way to approve and sign transactions on the blockchain by getting rid of the single point of failure brought in by private keys. Additionally, obtaining the SOC2 Type II Status and digital asset insurance protection of up to $50 million for its customers from Munich RE also makes it a great choice.
Bitcoin Association’s Founding President, Jimmy Nguyen made the announcement regarding the addition of a new partner for the Bitcoin SV ecosystem. He said that this was done in order to ensure BSV institutional users get multi-signature wallet functionality and can use large-scale applications on top of the Bitcoin SV blockchain, without compromising with flexibility and security.
“Curv’s protocol-agnostic approach gives institutional users the freedom to expand BSV utility and aligns with the restorations the Bitcoin SV Node team sought to achieve with the recent “Genesis” hard fork that successfully activated on February 4, 2020. We hope that enterprise adoption of BSV will accelerate and Curv’s infrastructure will play a critical role in supporting this scalability and more future business use of BSV,” Jimmy said.
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