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Visa Invests In Biometric Cold Storage Startup Tech Company Anchoarge by whatageek

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· @whatageek ·
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Visa Invests In Biometric Cold Storage Startup Tech Company Anchoarge
Biometric is my dream for crypto. I want to have a phone where I can make coins gaming and posting on social media while I wait in line and know that they can only be accessed with my fingerprint or eye scan. Lets be honest we have all forget a password or two as some point. Hopefully it was for something like an old email you didn't need and one for your bitcoin wallet. All these sites tell you to make these really hard to figure out passwords to protect yourself but you make them so hard they are protected from even you. Biometrics can fix this. There is no need to remember anything and unless you lose a finger you are good to go whenever you need to get to your money.

This tech has garnered the attention of Visa, who has given the startup company Anchorage (good name) 40 million dollars in investment. The company is working on ways to make cold storage more efficient and timely in case people want to move their crypto in a hurry. This should do a lot for getting them put away safely without having to put up all the hurdles that are now required in cold storage. And if someone passes away with a password it will not stop the company from getting access to the money.

With no passwords required and access literally at the fingertips of the people this will help a lot of people and institutions feel safer about their coins being held. And with p.o.s. becoming the norm you will want to have ways to stake your coins and not worry about them for years to come.

It is also great to see that Visa is one of the companies that is putting a lot of money into this startup. This says they are now involved in the crypto world and want to see solutions that work well for them. They are still the biggest name when it comes to credit and a partner that will be a huge asset to making crpyto easier to spend and hold around the world. Maybe there will be a Visa coin in the near future or they will offer more ways to spend your crypto with a swipe of a card.

It is clear we are entering the next stage of crypto with big companies looking to enter the game. This will bring a lot of money and innovation to the space as they deploy their resources and hopefully steem can utilise these as they come.

If you want to read more about this check out the link:
https://fortune.com/2019/07/10/exclusive-visa-pours-millions-into-cryptocurrency-startup-anchorage/ 

Now if you'll excuse me I need to go back to try to remember my password...

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