Be your own bank! Bitcoin and cryptocurrencies are repeatedly promoted with this motto. This is primarily because blockchain, the underlying distributed ledger technology, combined with public-key cryptography, enables self-custody. Digital assets can be held independently with the help of corresponding software and hardware solutions. In the bitcoin community, which is meanwhile spread all over the world, this self-custody – true to the original philosophy of bitcoin – is attributed great importance. What sounds fascinating in theory is by no means a piece of cake in practice. Self-custody requires a lot of knowledge. Hardware wallet, private key or seed phrase –…
Author: Michael Baumgartner
Since February 2020, Michael Baumgartner is responsible for global customer service, new business development and the expansion of existing relationships at InCore in the «Transaction Banking» segment, which combines the traditional and digital world of finance. Michael Baumgartner has more than 30 years of professional experience in investment banking and wealth management. During his previous professional career, he has worked for many well-known financial institutions such as BNP Paribas (Suisse) SA, Deutsche Bank (Schweiz) AG, UBS AG and Nomura Bank (Schweiz) AG in Switzerland and abroad.
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