BRD Expands Into Enterprise, Launches Blockset to Accelerate Blockchain Development

USA - English

• USA - English

SAN FRANCISCO, Feb. 12, 2020 /PRNewswire-PRWeb/ -- BRD, the most secure mobile cryptocurrency wallet, announced today a new enterprise-focused blockchain service, Blockset, which will fundamentally realign BRD's business model for the high growth demands of the financial services and banking industry worldwide. This move builds on BRD's deep expertise and trusted brand in blockchain security, privacy, and infrastructure innovation along with the strong market trends in the fast-growing enterprise blockchain industry.

Blockset is a robust blockchain data integration platform offering a suite of tools that will enable existing engineering teams to build enterprise-grade blockchain applications, access on-chain data through a single API, and write transactions in real-time on multiple chains in a fraction of the time, for a fraction of the cost.

"BRD's consumer business now supports and keeps safe over three million customers worldwide with $6B USD worth in crypto assets," said Adam Traidman, CEO and co-founder of BRD. "Today's financial environment is rapidly supporting crypto assets, and with 90% of major banks now exploring crypto, it's clear that there's a quiet groundswell of new initiatives and opportunities within the enterprise blockchain segment," he added. "That is why we developed our own proprietary platform (Blockset) which banks, financial services, and large crypto companies will now be able to leverage to accelerate their time to market and deliver enterprise solutions to scale on a global basis for a fraction of the development costs."

Key benefits of Blockset include:

• Accelerating the time to develop new blockchain products by automating on-chain data extraction, harmonizing and cleansing blockchain data, and delivering them into new enterprise crypto applications.
• Reduce the hosting costs and development costs associated with supporting blockchains by providing major chain support and node hosting 'out-of-the-box.'
• Enable entirely new usage scenarios for all enterprises looking to consume blockchain data and write to blockchains for transactional application support.
• Over 20 financial titans are already evaluating Blockset in a private pre-release program, including SBI Holdings, PayPal, KPMG, and Ripple's developer initiative Xpring. BRD will also be bringing on key channel partners and global system integrators to accelerate Blockset adoption for the mega enterprises in the months to come.

Early feedback from the pre-release program include:

• "The emergence of enterprise-grade data products designed to enable simplified consumption of public blockchain data represents a critical building block for institutionalization and crypto product innovation," said Sal Ternullo, Director & Cryptoasset Services Lead of KPMG.
• "Blockset is uniquely positioned to capture a lot of the value we're seeing in enterprise blockchain projects," said Yoshitaka Kitao, Representative Director, President & CEO of SBI Holdings Inc. "Working with Blockset has allowed SBI to accelerate the timeline of our crypto projects for a fraction of the development costs."
• "Blockset by BRD has the potential to be a crucial part of the entire crypto ecosystem," said Ethan Beard, SVP of Xpring at Ripple. "The need for crypto development platforms for the broader financial services and banking industry is exceedingly underserved while the groundswell of demand is at an all-time high."

Blockset is generally available worldwide starting today, with an initial focus on the existing financial and banking ecosystem, global accounting firms, and large blockchain enterprises, such as exchanges, new blockchains, and institutional custody services.

Major chain support is available now for Bitcoin and XRP with plans to support Bitcoin Cash, Hedera, and Ethereum by the end of Q1. The top 15 chains will be added by year-end 2020.

Existing BRD mobile app users will also be able to opt-in and enjoy the benefits of fast blockchain sync speeds and a higher level of usability thanks to Blockset.

"APIs are very critical to the future of financial services, especially in the nascent world of blockchain and cryptocurrency," said Traidman. "We are incredibly excited to see how Blockset will enable both legacy financial institutions and new blockchain projects alike to create new and innovative offerings."

For more information about Blockset and how to get started, please visit: http://blockset.com

About BRD
BRD is a global company that's bringing blockchain-enabled financial services to the mobile generation. We provide consumers with the simplest and most secure way to buy and protect bitcoin and other cryptocurrencies. Launched in 2015, and headquartered in Zurich (Switzerland), BRD is a venture-backed company that has raised $56M USD from SBI Holdings, Ripple, and other top investors focused on banking, FinTech, and the blockchain. BRD's crypto apps are available for both iOS and Android in 170 countries. With over 3M customers worldwide, BRD has accumulated an estimated $6B USD of crypto assets under protection and is one of the fastest-growing blockchain-enabled finance apps for everyday consumers (a Top 10 Finance app in 71 countries).

SOURCE BRD