Garanti BBVA Kripto has partnered with Ripple 
$2 and IBM to enhance security on its cryptocurrency trading platform. This collaboration aims to provide users with secure storage solutions leveraging IBM’s advanced technologies and Ripple’s security offerings. The initiative specifically targets increasing customer trust within Turkey’s dynamic cryptocurrency market.
Security Takes Center Stage
Following a successful pilot implementation in 2023, Garanti BBVA Kripto has further elevated its security standards and expanded the collaboration to its entire customer base. The company is enhancing the security of cryptocurrency transfers and storage with its new security infrastructure.
With the partnership of Ripple and IBM, Garanti BBVA Kripto’s security infrastructure has strengthened significantly. Utilizing IBM’s LinuxONE platform allows for secure storage of cryptocurrencies, while Ripple’s end-to-end security solutions enhance the protection of private keys, data, and applications. This comprehensive solution includes data encryption, isolation of customer environments, and hardware security modules, along with a management framework to minimize threats and tighten security against malicious actors.
Collaboration Influences Turkey’s Cryptocurrency Market
As Turkey’s cryptocurrency market expands, the investments in this area are increasingly noteworthy. Işıl Kılınç Gürtuna, General Manager of IBM Turkey, emphasized the need for a highly secure infrastructure for managing cryptocurrencies. She highlighted that IBM’s LinuxONE technology provides Garanti BBVA Kripto with sustainable high-security standards.
Aaron Sears, Senior Vice President of Global Partnerships and Customer Success at Ripple, expressed satisfaction in contributing to the development of Turkey’s cryptocurrency market. He noted that secure storage solutions are critical for broader acceptance of cryptocurrencies and the growth of the digital economy. The collaboration with Garanti BBVA Kripto enables the provision of safer, regulation-compliant services to customers.
