What we’ve created is a new, easy-to-use global solution that involves absolutely no third parties with government-grade security features like tamper detection and self-destruct circuitry.
Mt. Pleasant, SC (PRWEB) September 24, 2014
One of the key drawbacks of Bitcoin is the complexity of security. Throughout its existence, Bitcoin has been plagued by insecurity and theft, and there has not been an easily-accessible solution to protect Bitcoin investments – until BitStash. Designed to meet the Government’s most stringent standards for data security, BitStash makes owning and spending Bitcoin secure and simple for everyone. Simply plug it in, download the mobile or desktop app, and user’s are guided through a simple setup process.
Using entropy generated by atmospheric noise, BitStash generates three tiers of BIP32 crypto currency wallets: a mobile wallet for spending on the go, a device wallet for day-to-day trading or online shopping at home and a cold storage wallet for long-term, off-site secure storage. BIP70 payment protocol support and easy-to-use wallet software deliver unprecedented usability and simplicity. Automatic rebalancing between wallet tiers ensures the right amount of Bitcoin is always available to spend and save.
“Existing best practices for Bitcoin are too complicated for mass user adoption, and online storage solutions have too many risks,” says Trevor Murphy, BitStash CTO. “What we’ve created is a new, easy-to-use global solution that involves absolutely no third parties with government-grade security features like tamper detection and self-destruct circuitry.”
BitStash is the product of two Wall Street veterans, Steve Swanson and Trevor Murphy. To date, all aspects of the prototype have been completed—electrical schematics, PCB design and production, fully-assembled devices with 3D printed cases, along with beta versions of software. Now, they’re looking to crowdfund BitStash’s initial manufacturing round and the completion of FCC and FIPS 140-2 level 3 certifications.
eCoinConcepts will hold a Kickstarter campaign and simultaneously accept pre-orders with payment in Bitcoin at http://www.bitstash.com. The funding goal for the campaign, set to launch on October 22nd, is set to a total of $50,000.
To learn more about BitStash, visit http://www.bitstash.com or email media(at)bitstash(dot)com.
eCoinConcepts LLC was founded by Steve Swanson, former Global Head of Electronic Trading at Citigroup as well as co-founder of ATD, and Trevor Murphy, co-founder of TradingEdge. eCoinConcepts aims to break the barriers to mass adoption of Bitcoin by providing users with a truly secure, easy to use solution for keeping & spending Bitcoin. To learn more, visit http://www.bitstash.com.