Canadian Digital Bank VersaBank Plans to Launch Blockchain Safe Deposit Box


VersaBank, a London, Ontario-based digital-only bank, announced this week that they will be launching the VersaVault, a blockchain based digital asset storage system.

Touted as the world’s first blockchain safety deposit box, the VersaVault aims to keep client’s digital assets safe and secure.

The branchless bank hopes that the impenetrable characteristics of the blockchain combined with the real world trust placed in banks will make a compelling choice for clients storing their digital wealth.