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AsicVault

Powering The Security

In order for the ecosystem to operate and to provide our customers access to a wider assortment of services, AsicVault team has designed the AsicFuel (AVF coin) that will operate on its own blockchain and will serve as an internal currency (fuel) of the AsicVault world. AsicFuel is burned by the AsicVault chips. The functionality of the AsicFuel will evolve together with the whole ecosystem and is closely tied to the project’s roadmap described earlier in this document. Using AsicFuel gives discount on our decentralized exchange and it is the main payment currency for all services. Our chips together form a proper Trusted Execution Environment (TEE). In a similar fashion to Teechan, but without locking up funds in payment channels, Trusted Execution Environment allows us to perform instant transactions between AsicVault users, you could also call them Atomic Swaps. Since we can support different cryptocurrencies without any limits, the same TEE forms high frequency trading system - Decentralized Exchange (DEX). At all times you are the owner of your private keys. You don’t have to deposit/withdraw anything. Even your personal AsicVault hardware wallet can directly participate in the decentralized exchange.

3.5
1 0 expert ratings
Benchy 3.5
KYC
Experts
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Ended
Token
AVF
Type
Price in ICO
0.6805 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, Singapore, Estonia
preICO start
18th Oct 2018
preICO end
24th Nov 2018
ICO start
25th Nov 2018
ICO end
22nd Dec 2018
More on ICO
Report

About AsicVault

AsicVault is a security company making secure element chips and solutions for the crypto industry. Our secure element chips are not ordinary chips just for a single user. They can support thousands of users at the same time. We are announcing 1RU sized appliance systems that can support between 100,000 to 1,000,000 users. All private keys of these users are held in isolated chip areas and they are not accessible to other users. It is impossible to steal or access all the keys at once because of this segregated secure storage. There is no vulnerable operating system that one could hack into, there is no way to copy the private keys since such function simply doesn't exist in hardware! This appliance system can be used by online wallets, exchanges, banks and other companies holding various blockchain assets. At all times you will be the owner of your private keys, no one could withhold or steal your funds.Hacking exchanges is no longer possible.

Our chips together form a proper Trusted Execution Environment (TEE). In a similar fashion to Teechan, but without locking up funds in payment channels, Trusted Execution Environment allows us to perform instant transactions between AsicVault users, you could also call them Atomic Swaps. Since we can support different cryptocurrencies without any limits, the same TEE forms high frequency trading system - Decentralized Exchange (DEX). At all times you are the owner of your private keys. You don't have to deposit/withdraw anything. Even your personal AsicVault hardware wallet can directly participate in the decentralized exchange.

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ICO KYC Report
2 members invited
Hando Eilsen
Passed
Andris Vaivods
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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