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Reading: Great Collaboration! Garanti BBVA Crypto Chose Ripple and IBM in Security!
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EdaFace Newsfeed > Latest News > Crypto News > Great Collaboration! Garanti BBVA Crypto Chose Ripple and IBM in Security!
Crypto News

Great Collaboration! Garanti BBVA Crypto Chose Ripple and IBM in Security!

vitalclick
Last updated: October 23, 2024 10:30 am
5 months ago
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Garanti BBVA CryptoRipple to maximize security on the cryptocurrency trading platform $0.525563 and signed an important collaboration with IBM. The company uses IBM’s advanced technology and RippleWith the security solutions offered by , the platform offers a safe storage service to its users. This step aims to increase customer confidence, especially in Turkey’s vibrant cryptocurrency market.

Security is in the ForegroundCooperation That Directs the Cryptocurrency Market in Turkey

Security is in the Foreground

Following the successful pilot application in 2023, Garanti BBVA Crypto further increased the security standards of the platform and expanded it to the entire customer base in cooperation. The company makes the transfer and storage of cryptocurrencies safer with the new security infrastructure it offers.

Thanks to the cooperation between Ripple and IBM, Garanti BBVA Crypto’s security infrastructure has become even stronger. Company, IBMWhile storing cryptocurrencies safely thanks to LinuxONE infrastructure, it will protect private keys, data and applications with end-to-end security solutions offered by Ripple. This solution is supported by data encryption, isolation of customer environments and hardware security modules. In addition, security measures against malicious actors will be further tightened with a management framework that minimizes threats.

General Manager of Garanti BBVA Crypto Korcan AbalıIn his statement about this security move on the platform, he stated that the increasing demands for cryptocurrency storage services have taken them even further on this path. Abalı is on the platform following the feedback from its customers. Bitcoin $66,484, Ethereum $2,578, USDC He emphasized that they have expanded the services they offer for and other popular cryptocurrencies. He stated that the cooperation with Ripple and IBM is an important step in terms of secure storage solutions in the sector.

Cooperation That Directs the Cryptocurrency Market in Turkey

While Turkey’s cryptocurrency market is growing day by day, investments in this field attract attention. IBM Türkiye General Manager Işıl Kılınç Gürtunaemphasized the necessity of a high security infrastructure for managing cryptocurrencies. He stated that the LinuxONE technology offered by IBM provides Garanti BBVA Kripto with high security standards in a sustainable environment.

Ripple’s Senior Vice President of Global Partnerships and Customer Success Aaron Sears He stated that they are pleased to contribute to the development of the cryptocurrency market in Turkey. Sears stated that secure custody solutions play a critical role in the wider acceptance of cryptocurrencies and the growth of the digital economy. He stated that thanks to the cooperation with Garanti BBVA Crypto, it is possible to provide more secure and regulatory-compliant services to customers.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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