Custody of Digital Assets
A key topic for understanding bitcoin is its safekeeping, investing in this asset has become relatively easier over the years but many first-time investors often don’t know how to manage digital assets of this kind.
A fundamental rule that all new investors should know is “Not your keys, not your crypto”, a very repeated phrase within the community because it is the main requirement to be your own bank.
The Nimiq team has put at the center of their mission to offer a non-custodial wallet, simple, accessible and user friendly.
The configuration takes 30 seconds directly through the browser and without the software download, it is required to save a Login Filenecessary to restore the wallet through other devices (to be kept carefully).
Currently in the wallet it supports the native currency of the blockchain, that is $NIM and Bitcoin while the team intends to expand the support to other coins such as Ethereum etc…
Accessibility to Digital Assets
Currently, the main platforms that allow the purchase of cryptocurrencies through FIAT currencies are centralized exchanges and recent communications from banking institutions such as the giant Barclays, announcing that they would block payments to Binance, after British regulators had warned that the exchange was operating in the UK without a proper license and by CONSOB, warning that Binance is not authorized to provide investment services in Italy, warn about the need to achieve decentralization and improve the accessibility of digital assets.
Guaranteeing access to digital assets, allowing you to take advantage of this rapidly expanding market and to be among its first users is a fundamental principle for the Nimiq team.
The technology released by the team is incredibly innovative, Nimiq, together with TEN31 bank, achieved a breakthrough for compatibility between blockchain and traditional banking with the release of the OASIS (Open Asset Swap Interaction Scheme) technology.
OASIS allows non-custodial swaps of FIAT currencies and cryptocurrencies and vice versa, released in early 2021, has already carried out a trading volume of more than € 650,000.
The Nimiq team has perfectly understood the need to offer simple tools suitable for every type of investor, passionate or curious, guaranteeing equal participation and accessibility.
Many new features are coming to continue the growth of the OASIS ecosystem (additions of new crypto and currencies) and improvements to the Nimiq blockchain thanks to the new Albatross algorithm that will introduce proof of stake, thus reducing energy consumption and ensuring a more sustainable impact on the environment.
Stay tuned to the main social networks and join the community for all the curiosities and questions.
