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Swan Bitcoin Enhances Security with New Swan Vault Plus

Swan Bitcoin, recognized for its commitment to Bitcoin wealth management, has recently announced significant enhancements to its Swan Vault service. This upgraded platform focuses on providing families and businesses greater control and security over their Bitcoin assets. Aimed particularly at clients wanting to own Bitcoin with responsibility, Swan Vault Plus introduces a series of innovative features designed to reinforce security and user experience.

New Human-Verified Withdrawal Protection

One of the standout features of the new Swan Vault Plus is its optional human-verified withdrawal protection layer. This extra layer aims to offer peace of mind for users during transactions. By implementing live video verification, Swan Vault allows clients to confirm their identity through a secure video call with the Swan security team before executing any withdrawal.

The verification process includes:

• - Baseline video verification to establish identity at the onset of the process.
• - Live video confirmation required for Bitcoin withdrawals initiated through the Vault dashboard.
• - A 72-hour withdrawal window post-verification that automatically relocks the account to protect against potential fraud.

Through this approach, Swan ensures that even if a client's account is compromised, there is an additional layer of verification to prevent unauthorized withdrawals. This is particularly crucial in a landscape where scams and account takeovers are prevalent.

Upgraded Signing Devices and Enhanced Usability

Accompanying the security enhancements is the inclusion of Blockstream's Jade Plus signing devices in new Swan Vault welcome packages. These devices are designed to improve user interaction with heightened display clarity and ease of navigation compared to their predecessor, Jade Classic.

Adam Back, CEO of Blockstream, highlighted that the Jade Plus devices combine intuitive design with robust security features, allowing clients to safeguard their assets without facing unnecessary complexities. Importantly, existing clients may continue using their Jade Classic devices without the need for an upgrade, ensuring that there are no disruptions to service.

Introducing the Swan Vault Recovery Assistant

Recognizing the potential for emergencies, Swan Bitcoin also introduced the Swan Vault Recovery Assistant, a dedicated application that assists clients in recovering their funds when necessary. This tool enables users to:

• - Sweep funds independently from their Swan Vault.
• - Access their balances and transaction histories with ease.
• - Recover their assets effectively across multiple operating systems, including Mac, Windows, and Linux.

This application provides a clearly defined recovery process, ensuring that clients always have a backup plan should they encounter issues.

Commitment to Real Bitcoin Ownership

At its core, Swan Vault is a collaborative self-custody solution that empowers clients by allowing them complete control over their Bitcoin while offering support from Swan. Clients hold their own keys, ensuring that they remain the ultimate custodian of their wealth. With Swan’s upgrades, families and businesses can confidently transition their Bitcoin ownership over generations, embracing long-term investment strategies.

CEO Cory Klippsten expressed the philosophy driving these upgrades, emphasizing that real Bitcoin ownership is a serious commitment. He mentioned, "These improvements reflect our commitment to helping clients self-custody Bitcoin carefully and confidently across generations."

About Swan Bitcoin

Swan Bitcoin stands out as a premier platform for Bitcoin wealth management, catering to the needs of families and businesses. With a focus on simplifying Bitcoin custody, Swan provides a range of services, including tax-advantaged retirement accounts, Bitcoin-backed lending, and multi-generational stewardship. As Bitcoin continues to gain traction, Swan Bitcoin remains poised to support investors through secure and effective management strategies.

This set of upgrades marks a significant advancement for Swan Bitcoin, reaffirming its dedication to providing a secure and user-friendly Bitcoin custody solution for all its clients.