Security First International Holdings, Inc. to Begin Providing Secure Crypto Key Vault Solution

Security First International Holdings, Inc. to Begin Providing Secure Crypto Key Vault Solution for Virtual Blockchain Smartphone technology
By: Security First International Holdings, Inc.
 
 
Virtual Blockchain Smartphone
Virtual Blockchain Smartphone
FORT LAUDERDALE, Fla. - April 27, 2022 - PRLog -- Security First International Holdings, Inc. (PINK:SCFR) a technology incubator and accelerator, today announces that they are adding secure private key storage to their previously announced patent pending Virtual Blockchain Smartphone technology.

Virtual Blockchain Smartphone technology enables all connected smartphones to be identified on the Blockchain without an existing wallet address to receive cryptocurrency distributions.

The solution provides a means for commercial enterprises to distribute cryptocurrency to customers as a reward or payment without having to know the recipients wallet address. Recipients can request the private key for awarded crypto through SMS authentication.

The system does not require identity verification and no identifiable personal information is ever stored or shared, preventing the potential for sensitive encryption keys to be exposed or compromised.

Loosing the private key for a cryptocurrency wallet or a non-fungible (NFT) results in a permanent loss of the cryptocurrency in the wallet or the ability  prove and exercise ownership of the NFT. Security First International Holdings key vault data is stored on a Amazon Quantum Ledger Database (QLDB), providing a transparent, immutable, and cryptographically verifiable append-only transaction log, enhancing security and ensuring long-term data protection and availability.

About Security First International Holdings, Inc

Security First International Holdings Inc.  is a technology incubator for early-stage web and mobile projects providing vision validation, to product definition, design, and delivery.

Contact

Security First International Holdings, Inc.
SCFR - Security First International Holdings, Inc. | Quote | OTC Markets (https://www.otcmarkets.com/stock/SCFR/quote)
Brian Fowler
Bfowler@scfrholdings.com
(954)-546-1501

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Source:Security First International Holdings, Inc.
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Tags:Crypto
Industry:Technology
Location:Fort Lauderdale - Florida - United States
Subject:Features
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