Published On: Sun, Nov 26th, 2017

Xapo Reveals Fortified Military Bunker for Storing Bitcoin

Share This
Tags

Xapo, the company owned by Wences Casares, recently allowed a reporter to visit their secret ex-military bunker in the Swiss Alps where they store Bitcoin for important clients.
There are times when the real world can be as surreal and fantastic as a movie. Case in point is the recent article written by Joon Ian Wong for Quartz and the World Economic Forum detailing his trip to a secret military bunker in the Swiss Alps. Is he visiting the bunker to view gold deposits? Priceless artwork? No, the answer is that the ex-military bunker is used by the Xapo company to store Bitcoin for their clients.
A Base Worthy of a Bond Villain
The location of the bunker is a secret, but it is placed within a granite mountain in the Swiss Alps. The bunker served as the Swiss army’s secret headquarters during the Cold War and was built in 1947. Now it is operated by the Deltalis company and is a 10,000 square-foot data-center that fills a space dug over 320 meters into the mountain itself.

The bunker is used by Xapo to store private, cryptographic keys used to access wallets. The reporter was told by his guide that he …

Read more –> click here all content is copyright Bitcoinist.

Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..

Powered by ABITCO.IN

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

ALL Bitcoin News

Like what you’re reading?

Never miss any breaking Bitcoin news by following us on Facebook and Twitter!


SUBSCRIBE OUR RSS FEED AT: http://abitco.in/feed

×