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“The cold storage providers are effectively going to be dropping dividends on the floor.” (As part of the terms for a demonstration of the company’s new product in January, Fortune agreed not to reveal details about the technology; suffice it to say the service uses a clever combination of biometrics and behavioral data, multiple approvals, and human reviews to secure people’s cryptocurrency without resorting to cold storage.)The potential wastefulness of the cold storage-status quo could eventually have legal ramifications too.
As said here by Robert Hackett