Hong Kong based Gatecoin aims to solve international wire transfer headaches

A new Hong Kong-based bitcoin exchange, Gatecoin, is looking to solve two of the biggest headaches in the bitcoin trading industry today: shaky security and inefficient fiat transfers.

There is no shortage of bitcoin exchanges that at some point have been the target of successful attacks or attempts sufficient to significantly disrupt operations. Gatecoin says to employ “multisig cold storage” (perhaps a combination of the two). Reducing the chances of a successful attack to close to zero, multisig wallets are becoming…

Read the full article written by Leon Pick on Finance Magnates

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