Category: banking

What Is a Hardware Security Module

A hardware security module (HSM) is a dedicated cryptographic processor designed to protect highly critical and sensitive keys and assets. HSMs act as trust anchors that protect the cryptographic infrastructure of some of the most security-conscious organizations in the world. This piece of hardware may look small, but is mighty powerful. It has the ability to securely manage, process, and store cryptographic keys inside its hardened, tamper-resistant shell.

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Turkish Bank Launches Blockchain Platform for Digital Gold Transfers

Turkey’s Takasbank announced the release of its blockchain-based gold-backed transfer system Dec. 30th. Developed by the Istanbul Clearing, Settlement and Custody Bank, the BiGA Digital Gold trading platform provides banks with a blockchain-based system for the issuance, repayment, and transfer of digitized gold.

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