About Token Security Scheme
TSS plan 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.
TSS is an initiative from 5M Holdings Pte Ltd to improve the security features in relation to the key management within the blockchain eco-system.