KeySafeBank Pte Ltd | Ecosystem Member

Wilma Lapuz
NEM Singapore
Published in
3 min readNov 20, 2018

Signing a MoU at Singapore Fintech Festival on Monday, 12 November 2018. KeySafeBank is a joint venture development between DataPost Pte Ltd, Singapore’s leading provider of Secured Data Services, and 5M Holdings Pte Ltd, which specializes in Blockchain Security. KeySafeBank offers institutional grade management & custodial solutions for digital assets, by leveraging on the strengths of both partners in secured data handling and blockchain security to create an industry cutting edge solution.

In collaboration with NEM, we hope to create greater awareness of blockchain security in the NEM ecosystem. The institutional grade management and custodial solutions that KeySafeBank offers can further secure the Smart Assets on the NEM Blockchain. This is the vital infrastructure that will propel sustainable growth in the blockchain ecosystem. – David Lew, Director, KeySafeBank Pte Ltd

KeySafeBank Mission: To make the blockchain ecosystem safe and secure by building the infrastructure for the growth of the digital asset class of the future.

From Left: Mr Anthony Ong, Director, KeySafeBank with Mr William Tan, Country Leader, NEM Singapore signing the partnership agreement for collaboration

“NEM is proud to have security domain expert, KeySafeBank partnering us to harness the power and benefits of our technology. NEM Singapore is constantly searching for prestigious partners and the MoU with KeySafeBankä, represents a critical piece in the security domain to our eco-system jigsaw.” said Mr William Tan, Country Leader, NEM Singapore.

Customers

* Financial Institutions, High Net-worth Investors and Escrow Agents who require third-party institutional-grade custody services that can safekeep the huge amount of digital assets and cryptocurrencies securely

* Cryptocurrency Exchanges, Digital Asset platforms and Blockchains who require third-party cold storage custody services to safeguard their treasuries, customers’ digital assets and data

* Government and Regulatory Agencies which require third-party institutional-grade custody services to safekeep their digital assets and data

Product & Services

* KSB’s flagship product will be Cold Storage of Digital Assets and Cryptographic Keys such as Private Keys for Bitcoin, Cryptocurrencies, Smart Contracts and Utility & Security Tokens

* KSB will be able offer Escrow Services for Cryptocurrency and Token transactions

  • KSB will add another layer of assurance by co-working with insurance partners to insure customers’ Digital Assets from thefts and hacks

ABOUT THE NEM BLOCKCHAIN PLATFORM

NEM is an out-of-the-box enterprise-grade blockchain platform launched in March 2015. NEM has industry leading blockchain features which include multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.

ABOUT THE NEM.io FOUNDATION LTD

NEM.io Foundation is registered in Singapore and is operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.

For more information about the NEM Foundation and its mission, you can follow us on Inside NEM, our Facebook page, NEM Singapore Telegram or visit our website.

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Wilma Lapuz
NEM Singapore

Licensed Customs Broker with years of extensive experience & well-equipped with trainings as Data Analyst for further enhancement of analytical/logical skills.