Arculus Introduces Cold Storage Wallet Support for Provenance Blockchain

14 views 1:15 pm 0 Comments March 27, 2024

Arculus, the innovative digital security platform renowned for its superior authentication and digital asset security, has unveiled cold storage wallet support for HASH, the native utility token for the Provenance Blockchain. As one of the world’s largest blockchain networks, Provenance Blockchain boasts nearly $10 billion in financial assets under administration and $30 billion in supported transactions as of February 29, 2024.

Purpose-Built for Financial Institutions and DeFi Brands

Provenance Blockchain, tailored for regulated financial institutions, fintechs, and DeFi brands, prioritizes institutional-grade risk management and control functions embedded within the protocol. Emphasizing user safety and security, the platform integrates advanced measures to safeguard users’ digital assets. With the recent announcement, users gain convenient access to self-custody HASH through the Arculus® cold-storage based mobile wallet.

Innovative Self-Custody Tools

Recognizing the growing demand for self-custody tools enabling crypto users to retain full control over their digital assets, Arculus offers unparalleled 3-factor authentication. This includes biometric authentication, a private 6-digit PIN, and the Arculus card, rendering Arculus the most innovative cold storage solution available. Arculus customers can seamlessly manage and transfer their digital assets on Provenance Blockchain, ensuring enhanced security and accessibility.

Accessing Arculus Wallet App

Interested individuals seeking to transfer, manage, and securely store their HASH and other digital assets can acquire an Arculus card via getarculus.com. The Arculus wallet app is accessible through both the Apple Store and Google Play, offering a user-friendly interface for managing digital assets with utmost security.

Developed by Industry Leader CompoSecure, Inc.

Arculus is developed by CompoSecure, Inc. (Nasdaq: CMPO), a prominent figure in metal payment cards, security, and authentication solutions serving banks, fintechs, and businesses worldwide. The platform’s simplicity, sleek design, and robust security make it an ideal choice for digital asset holders.

Welcoming Arculus to the Provenance Blockchain Ecosystem

Joshua Maddox, Head of Developer Ecosystem at Provenance Blockchain Foundation, expressed enthusiasm for Arculus’s integration into the Provenance Blockchain ecosystem. Noting Arculus’s endorsement by CompoSecure, Maddox highlighted its appeal to the Provenance Blockchain community.

Unlocking Self-Custody Capabilities

Tom D’Eletto, Head of Product at Arculus, emphasized the significance of self-custody capabilities in participating in the expanding DeFi ecosystem surrounding Provenance and tokenized real-world assets. With support for Provenance Blockchain and HASH now available through the Arculus cold storage wallet, token holders can securely manage their digital assets, contributing to the growth and evolution of financial services.

Conclusion

Arculus’s introduction of cold storage wallet support for Provenance Blockchain marks a pivotal advancement in digital asset security. By empowering users with enhanced self-custody capabilities, Arculus reinforces its commitment to fostering security, accessibility, and innovation in the realm of digital finance. As Arculus continues to collaborate with Provenance Blockchain, the future of self-custody and decentralized finance looks increasingly promising.