Thread by @unchainedcom

1/ Just as individuals hold private keys as a standard in #bitcoin, so too should businesses.

We are pleased to introduce the Unchained Capital Advanced Business Accounts.

There are no bailouts in bitcoin. There is no replacement for private keys.
unchained-capital.com/blog/bitcoin-f…

2/ With the OCC interpretive letter giving nationally chartered-banks the greenlight to pursue custody strategies and with companies like @MicroStrategy and @SnappaHQ leading a trend of shifting cash reserves to bitcoin, business adoption is becoming more mainstream by the day

3/ Businesses have different challenges than individuals

There are multiple employees, shareholders, investors, etc that share in financial controls

Financial controls are equally, if not more important, than sovereignty, censorship resistance, and avoiding counterparty risk

4/ Holding private keys materially increases security, but entrusting any single employee or representative with private keys is usually not an acceptable trade-off for companies that want to eliminate counterparty risk and protect against censorship.

5/ Our advanced business suite is a significant upgrade to basic business accounts

Businesses now have a custody option that removes counterparty risk, eliminates single points of failure, and allows multiple members within an organization to collaborate with each other.

6/ Multiple individuals within a business can hold keys, whether a combination of a CEO, CFO, controller or others, without any single individual able to unilaterally move funds.

7/ Business logic on top of a secure collaborative multisig base means that companies have the system level controls familiar to a traditional banking suite combined with the unparalleled bitcoin native security of multiple cold stored private keys

8/ These accounts are designed to be the bitcoin standard for all businesses, whether:

Operating businesses, such as @MicroStrategy, @SnappaHQ, @BitcoinMagazine

Family Offices and funds like @MimesisCapital, @Tantra_Labs

or B2B2C companies like @theamberapp, @CashApp

9/ Advanced Business Accounts are available today. Sign up on our site or reach out to learn more: unchained-capital.com/business/