Goldmoney Inc., a precious metal financial service and technology company, is pleased to announce that its subsidiary company Totenpass Inc. has launched its digital storage drive solution in beta.
Totenpass Inc., based in Rochester New York, has been developing a permanent digital storage drive constructed from solid gold that requires no energy and has no movable parts. Digital data is written onto the drive by way of a proprietary light-diffraction process which imprints images, documents, and other files that can be stored as either human readable without the aid of computers or machine-readable with the employ of a smartphone.
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This technology allows for the permanent storage of precious digital data, thereby eliminating any future dependence on the internet and the vast amounts of energy required presently to store content. By consequence, this technology will empower both individuals and corporations to decentralize, preserve and fully control their precious digital data once and forever.
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The company was founded by Goldmoney CEO Roy Sebag, Bruce Ha, the former director of optical media at Kodak, and Goldmoney CTO Alessandro Premoli. Goldmoney has made a series of investments in the company since 2017 and currently owns a majority of the outstanding shares.
The Totenpass is being initially launched in two sizes which retail for $50 and $75 USD respectively. The company offers global shipping and accepts payment via credit card or cryptocurrency.
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