Sentinel Protocol and Ginco Form Partnership for Safe Cryptocurrency Wallets
Sentinel Protocol, the Singapore based blockchain security company, and Tokyo based cryptocurrency wallet company Ginco today announced their partnership to build a safer transfer, payment, and investment experience for Japanese crypto users.
The partnerships furthers Ginco’s vision of providing the most secure cryptocurrency experience to the Japanese users. Ginco recently launched their official iOS wallet application last week (April 24) to change the mindset and behaviour of Japanese crypto community.
“Most Japanese crypto users still keep the purchased cryptocurrencies on crypto exchanges,” said Muuto Morikawa, CEO of Ginco. “Ginco will continue strengthening more security features to provide safety to the users and to become the major interface to the decentralized society.”
Sentinel Protocol’s decentralized Threat Reputation Database (TRDB) API integration into Ginco will begin testing in Q3 2018. Sentinel Protocol, a crowdsourced threat intelligence platform, utilizes contributions from users, cybersecurity experts and AI to create the first line of defence against hacks, scams and frauds. It supports the collection and sharing of critical threat information among network participants so that crypto assets can be protected all throughout.
Thanks to this security intelligence database integration, Ginco wallet users can benefit from automated detection of malicious address in the database and prevent from being involved in unauthorised remittance of cryptocurrencies or fraudulent activities. Sentinel Protocol will closely work with Ginco to set the proper security policies and provide warning notifications in the most seamless experience.
“In addition to the existing partnerships with Korea’s crypto wallet CoinManager and China’s crypto wallet ImToken, we are glad to have Japan’s crypto wallet Ginco on our alliance,” said HM Park, Co-founder of Uppsala Foundation, the team behind Sentinel Protocol. “The more wallets and exchanges join our ecosystem, the security line of defense becomes denser, thus making malicious actors losing their foots. It is our utmost priority to provide our platform to greater audience.”