Garanti BBVA Crypto is collaborating with Ripple and IBM to enhance the security of its encryption asset trading platform

Jinse Caijing reported that Garanti BBVA Kripto is partnering with Ripple and IBM to enhance the security of its encryption asset trading platform. After successfully completing the pilot in 2023, the bank will roll out its solution to all customers. Garanti BBVA hopes that this collaboration will improve performance, security, and customer trust. In a press release, the Ripple team explained that the combination of Ripple Custody and IBM’s solution allows Garanti BBVA to “create and manage an enterprise-level Secret Key management infrastructure with end-to-end security to protect Private Key, applications, and data”.