AhnLab's Blockchain subsidiary AhnLab Blockchain Company announces on the 1st that it officially opens the ABC Cloud Wallet service, which supports the secure custody and management of digital asset. /Courtesy of AhnLab

AhnLab Blockchain Company (ABC) is introducing a digital asset custody service for customers.

AhnLab Blockchain Company said on the 1st that it officially launched ABC Cloud Wallet, a custody service that supports the storage and management of digital assets.

ABC Cloud Wallet is a digital asset custody service that individual, corporate, institutional, and foundation customers can apply for and use online. Going beyond simple storage, it is designed to let corporations and institutions manage digital asset operation permissions and policies according to their internal standards.

It is also equipped with a multi-layered security system based on multi-party computation (MPC), cold wallets, and around-the-clock monitoring, and it supports on-chain anti-money laundering (AML), transaction monitoring based on the in-house developed Blockchain intelligence service "BICScan," and Web3 security intelligence. In addition, it offers WaaS-based financial connectivity and scalability for using stablecoins.

Through this, AhnLab Blockchain Company expects that corporations and institutions will be able to use a secure digital asset storage and operation system and respond flexibly to stablecoin-based payment and settlement environments.

To mark the official launch of the service, a limited promotion will also be held to provide onboarding expense support free of charge. For customers considering adopting the service, the company plans to cover onboarding expenses needed for initial setup and system integration.

Chief Executive Kang Seok-gyun of AhnLab Blockchain Company said, "As the digital asset market rapidly expands into payment, settlement, and digital finance infrastructure, ABC will provide a safer Web3 finance infrastructure based on its security capabilities and proprietary wallet development technology."

※ This article has been translated by AI. Share your feedback here.