Bitmora is a crypto-platform based on the technology of Blockchain. Its headquarters are located in the United States of America. It aims at bringing a crypto revolution in the crypto-exchange. The founders of this platform are making efforts to develop a platform, which is not just created for the investors but is actually run by the investors.
The digital currency exchange platforms are not governed by a particular law so they are allowed to issue financial statements to the public. The team of the Bitmora platform is of the opinion that transparency is necessary for the business of money service.
After the official launch, this company is going to release financial statements on a monthly basis, which are also going to be available on the website of the platform. The financial statements include the balance sheet, income statement, cash flow statement, and other specific pieces of information.
We all are aware that security is of due importance for every decentralized platform. Bitmora is going to monitor all the things in a cold storage, along with regular audits to ensure that nothing is left. Cold storage refers to offsite storage. Everything will be kept in the secret locations with security. There is not going to be any automated software connection between hot and cold wallets. Bitmora is also going to make use of classified and firm guidelines, which the company fulfills to withdraw the money.
All the employees that work in Bitmora will go through the security screenings as well as background checks. Any person who has the authority to transfer funds will have to face a very strong check of security.
The representatives of customer support are not allowed to touch or transfer the funds but they will get the privilege to view. Every employee of the company will have to go through comprehensive training sessions to ensure that they not only learn about the network of the Blockchain and Bitcoins but also about the security system and process.
All the information is going to be encrypted both in rest as well as transit. Bitmora is not ready to take any chances when the user data is at the risk. They are going to make the use of automated systems to determine the withdrawal requests and unknown logins.
Even in the cases that are unlikely to happen where a person gets an access to your account, the automated system will be capable of stopping the requests for withdrawal. The exchange data is going to be supported in real time in order to avoid any disturbance at the time when the data is running through the network.
The system of Bitmora will provide automatic protection in case of a service denial and attacks of DDoS, concurrent linkage limits, and active blacklist control of management. Hardware is going to be kept in the data centers across the globe with biometrics control and security. Additionally, the exchange and databases are going to be hosted on the hardware that is in-house. If you are interested in getting more information, then visit Bitmora’s Twitter handle.