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The Swiss Association stated the General crypto-storage standarts

The Swiss Association The Swiss Association stated the General crypto-storage standarts

Swiss Association of markets and technologies (CMTA) established standards for companies that provide services for storing and disposing of the client's property based on his written order for digital assets.

CMTA's General Secretary Fedor Poskriakov, said that the document was the first step of the Swiss financial industry towards defining common standards for storing and managing digital assets.

"This will greatly contribute to the emergence of fully digital capital market infrastructures, including integrated custody and secondary trading venues. The benefits of the digitalization of the financial industry are such that the evolution towards decentralized infrastructures​ seems i​nevitable."our quote here...

Fedor Poskriakov

The document emphasizes that the storage of digital currencies much differs from the storage of traditional assets, which are usually stored in centralized systems without the use of cryptography. To store cryptocurrencies, youhave to be sure that the decentralized infrastructure is well thought out and is not subject to losses, theft and hacking.

CMTA also highlighted the advantages of blockchain for small and medium-sized enterprises. 


SOURCE

#icorating #iconews #icolink #cryptonews #Binance #icolisting #Swiss #CMTA #Poskriakov #standarts

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