European blockchain bank Bank Frick launched digital asset pledge service for customers

It is reported that Bank Frick, the European blockchain bank, launched digital asset pledge service for customers. Jonas Gantenbein, Senior Relationship Manager of Bank Frick’s blockchain banking business, said that pledge involves holding a certain number of digital assets as securities to verify transactions in the blockchain network. Therefore, pledge helps the security of blockchain network by providing more verifiers to verify transactions and ensure the integrity of the network. Bank Frick maintains complete control over the entrusted cryptocurrency, and all pledge activities are self-managed (non managed), which means that Bank Frick maintains the sole and complete control over the entrusted cryptocurrency.

Interpretation of this information:

Bank Frick, a European blockchain bank, has launched a digital asset pledge service for its customers. The service involves holding a certain number of digital assets as securities to verify transactions in the blockchain network. By doing so, Bank Frick is contributing to the security of the blockchain network by providing more verifiers to verify transactions and ensure the integrity of the network. The bank maintains complete control over the entrusted cryptocurrency and all pledge activities are self-managed, which means that Bank Frick maintains the sole and complete control over the entrusted cryptocurrency.

The launch of digital asset pledge service by Bank Frick is a significant move in the blockchain industry. Pledge services have been gaining popularity in the blockchain industry as they provide an additional layer of security to the network. Bank Frick has recognized the importance of pledge services and has launched its own to offer its customers a secure platform to pledge their digital assets. By holding a certain number of digital assets as securities, Bank Frick is helping to prevent fraudulent activities on the blockchain network.

Jonas Gantenbein, Senior Relationship Manager of Bank Frick’s blockchain banking business, has highlighted the importance of pledge services in maintaining the security of the blockchain network. He emphasized that pledge helps the security of the blockchain network by providing more verifiers to verify transactions and ensure the integrity of the network. With more verifiers on the network, the chances of fraudulent activities are reduced significantly.

In conclusion, the launch of digital asset pledge service by Bank Frick is a significant move in the blockchain industry. The service provides an additional layer of security to the network by holding a certain number of digital assets as securities. The pledge service is self-managed, and Bank Frick maintains complete control over the entrusted cryptocurrency. Three keywords that summarize the content are Bank Frick, digital asset pledge service, and security.