Published on September 14th, 2015 | by bitcoin0
BlockTrail starts a new multi-signature Bitcoin Holding Service
Amsterdam-based BlockTrail B.V. is stretching its virtual legs and launching a brand new multiplatform Bitcoin wallet service for iOS, Android, and the web.
The service, which has been in the Bitcoin industry since 2014, started originally with a blockchain explorer–a service that allows users to view historical transactions on Bitcoin’s distributed ledger–as well as a developer API for accessing that information.
The BlockTrail wallet supplies all the standard services expected from a Bitcoin wallet: the ability to send and receive bitcoins securely, storage of said bitcoins and payments and receipt using QR codes.
BlockTrail says that the company provides this security by implementing multi-signature wallets and HD wallets (also known as Hierarchical Deterministic key wallets.)
“The whole reason why people get into Bitcoin is to no longer be dependent on a bank,” BlockTrail CTO Ruben De Vries said to TechCrunch speaking to the multi-signature and private ownership provided by the wallet service.