Piston Vault
Custody of cryptographic keys. Patent-pending technology to store and deploy digital assets. The technology could potentially generate US$ 10mm in ARR.
- Stage Full Product Ready
- Industry Security
- Location Singapore
- Currency USD
- Founded August 2018
- Employees 3
- Incorporation Type Other
- Website pistonvault.com
Company Summary
New technology for concurrent cold and hot storage of digital assets, with cold-to-hot egress time of few seconds. Our Piston Cylinder™ electronic safes store Spark™ hardware wallets securely and always disconnected from all networks. Each Piston Cylinder contains up to 8,194 Sparks. At US$9.99/Spark/month for the retail market, each cylinder generates US$ 1 MM ARR. At US$99.99/Spark/month for institutions, each cylinder generates US$ 10 MM ARR.
Team
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Founder of Piston Vault and Esprow, a leading provider of financial technology solutions for global markets with clients like tier-1 broker-dealers, banks, and exchanges and offices in Singapore, New York, Tokyo. Francesco manages different aspects of the business, from technology to sales and strategy. He has been a programmer since the age of 10 and graduated top of his class with a thesis on “Neural Networks Applied to Speech Recognition”.
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Software ArchitectSoftware architect with international experience in the industry, research, and academia in EU, USA, and Asia. Emil worked at the SAP HQ in Walldorf and Hitachi’s research center in Yokohama where he published and presented a paper at an IEEE conference for distributed systems. Emil holds a Master’s Degree in Computer Science from Karlsruhe Institute of Technology with a research thesis on distributed systems done at Carnegie Mellon University.
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