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Cryptobank
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A cryptobank is an online service for storing, sending and receiving cryptocurrency (such as bitcoin and litecoin), they are usually able to show the amount of money they hold in reserve via the blockchain (public peer-to-peer ledger which shows the amount of money held by each member of the cryptocurrency network). Cryptobanks allow more than one account per person. Cryptobanks attempt to provide a greater level of security than what can be achieved on desktop computers, via the use of hardware security modules (HSMs). They are similar to web wallets, but operate on a larger scale. Examples * Coinkite |
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