Garanti BBVA Kripto has partnered with Ripple and IBM to enhance security on its cryptocurrency platform, using advanced technologies to boost customer trust in Turkey's market.

Security Takes Center Stage

Following a successful pilot implementation in 2023, Garanti BBVA Kripto has elevated its security standards and extended this to its entire customer base. The collaboration with Ripple and IBM significantly strengthens the security infrastructure. IBM’s LinuxONE platform allows for secure storage of cryptocurrencies, while Ripple’s security solutions protect private keys, data, and applications. This comprehensive solution includes data encryption, customer environment isolation, hardware security modules, and a management framework to minimize threats.

Collaboration Influences Turkey’s Cryptocurrency Market

As Turkey's cryptocurrency market expands, investments in this area are increasingly significant. Işıl Kılınç Gürtuna, General Manager of IBM Turkey, emphasized the need for a highly secure infrastructure for managing cryptocurrencies. She highlighted IBM’s LinuxONE technology as providing sustainable high-security standards for Garanti BBVA Kripto. Aaron Sears, Senior Vice President of Global Partnerships and Customer Success at Ripple, expressed satisfaction in contributing to Turkey’s cryptocurrency market development. He noted that secure storage solutions are critical for broader cryptocurrency acceptance and digital economy growth.

The collaboration between Garanti BBVA Kripto, Ripple, and IBM enhances user trust in the platform and helps secure cryptocurrency management in Turkey’s dynamically growing market.