<center>https://media.coindesk.com/uploads/2018/01/Vault-860x430.jpg</center>

From Coindesk
<hr>
<blockquote>
VersaBank, an all-digital bank based in Canada, is developing a "blockchain-based digital safety deposit box" as part of an effort to tap the tech for new services.

Dubbed VersaVault, the service will act as a means to store cryptocurrencies and other types of digital property, according to a Tuesday announcement. The product represents an expansion of sorts for the Canadian bank, which doesn't operate any physical branches and is primarily focused on deposits and financing. VersaBank was founded in the early 1980s and is publicly traded on the Toronto Stock Exchange.

President and CEO David Taylor positioned the product from the perspective of asset safety, pointing to the cybersecurity challenges that surround the handling of cryptocurrencies.

"Bitcoin and other crypto currencies [sic] are quickly gaining popularity and holders have already experienced their valuable holdings vanish from the less secure 'digital storage' options," he said in a statement.
</blockquote>
Read more: https://www.coindesk.com/canadas-versabank-unveils-digital-vault-blockchain-service/

<hr>

Good old Canada, we're always punching above our weight.  I think this is a really good development in crypto. As mainstream investors flood in they will want to feel secure with all the nightmarish rumours of crypto heists floating about. Investors need safety.

<h4>Leave your thoughts in the comments below.</h4>

<hr>
Follow @contentjunkie to stay up to date on more great posts like this one.

<a href="https://steemit.com/@contentjunkie"><img src="http://i.imgsafe.org/dd8bd8753d.gif"></a>

<div class="pull-right"><a href="https://www.kucoin.com/#/?r=14rgy"><img src="https://steemitimages.com/DQmRxFEaTBZXepQoU6wzX3YxPUYg8zkMH5ecX67HXes6mtE/image.png"></a>
</div>

<div class="pull-left"><a href="https://www.coinbase.com/join/5a3060368da046013533d035"><img src="https://steemitimages.com/DQmQrb5MJgqbRqAabX7gMAKww7b2G7EWyCC3ALz3nuQR4xy/image.png"></a></div>

<center>
<a href="https://www.binance.com/?ref=13619930"><img src="https://steemitimages.com/DQmS8Y5PoVJenL4Qo3WhRg1YWJ9VGcQRhFKQNx8BLePx3iZ/image.png"></a>
</center>