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What is Token Security Scheme?

Token Security Scheme (TSS) aims to address the existing security gaps in the crypto-currencies eco-system and prevent attacks on any exchange or facility storing such digital assets. With a strong background in digital key management in the payment and banking industry, our team of cyber security experts plan to implement this technology and its best practices to strengthen security in the crypto-currency eco-system.

Key Security Features

Key recovery with stringent authentication

Multi-sig verifications

Development of trusted nodes for permissioned blockchain

Distributed safekeeping of the private keys over various geographical locations

Continuous certification by PCI compliance professional auditors

WEAKNESS OF THE BLOCKCHAIN ECOSYSTEM

Hackers targeting exchanges, servers and individual’s wallets

Individuals forget or lose access to their private key

Physical and paper wallets destroyed

Natural disasters could destroy wallet facilities

OUR SOLUTION

TSS plans to store crypto-assets such as users’ private keys on Distributed Hardware Security Module (DHSM) infrastructure, which will be set up within Enhanced Payment Card Industry (EPCI) security compliant facilities. These facilities are geographically dispersed in different locations and will be regularly audited by certified professionals to ensure up-to-date compliances. DHSMs will provide a safe ‘Vault’ with proper Cryptocurrencies Key Management System (CKMS) and procedures to mitigate and minimise the risks of digital asset storage in the crypto-currencies eco-system. TSS will allow stakeholders to safeguard digital assets effectively and leave a lasting legacy for their future generations.