Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations -Breaking
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Metaco is an enterprise crypto platform which allows for the secure trading, issuing, managing, and management of digital assets. On Thursday, Metaco announced that UnionBank has been added to its client list. UnionBank, which was founded in 1982 and has a total of $15 billion under management, is the Philippines’ largest bank. UnionBank will deploy digital asset management services to the public on this day. IBM Cloud (NYSE:) These are integrated fully with Metaco’s solution.
UnionBank can integrate with FIPS 140-2 level 4 certified controls to manage and migrate keys. This will improve its ability to insure assets. FIPS 140-2 represents the most advanced level of U.S. government security standards. This protocol detects and responds to any unauthorized attempts to physical access. It also protects against environmental factors which could lead to data leakage or loss.
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