Blockchain Private Key Service N Suite Joins Forces with Bitwave for Digital Asset Management September 6, 2023 September 6, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 6, 2023 by Kelly Cromley

Blockchain Private Key Service N Suite Joins Forces with Bitwave for Digital Asset Management

double Inc. has revealed its strategic partnership between its blockchain Private Key management service, N Suite, and Bitwave, the foremost enterprise accounting software platform tailored for digital assets. This collaboration is set to transform the landscape of digital asset management by combining N Suite’s essential private key solutions for enterprises with Bitwave’s user-friendly accounting software.

Tokyo, Japan – double Inc. has unveiled an exciting partnership between its blockchain Private Key sharing and management service, N Suite, and Bitwave, a leading enterprise finance platform designed specifically for digital assets. This alliance aims to simplify the complexities of digital asset management and empower businesses in their web3 endeavors.

Bitwave, recognized as the top enterprise finance platform for digital assets, offers a comprehensive solution for managing the intricacies associated with digital assets. From high-volume crypto accounting to enterprise tax tracking, audit-ready bookkeeping, and advanced DeFi monitoring, Bitwave provides a multifaceted approach to mitigate digital asset complexity. It operates as a Web3 business software (SaaS) with wallet functionalities tailored for corporate needs.

N Suite, on the other hand, specializes in secure private key storage in the cloud, enabling efficient sharing and utilization of these keys among multiple stakeholders within an organization. This facilitates an approval-based workflow system between administrators and operators, particularly for tasks requiring private key signatures. These tasks encompass various activities such as NFT issuance, cryptocurrency transfers, and smart contract deployments, all of which are seamlessly streamlined through N Suite’s user-friendly dashboard.

Bitwave’s core competence lies in the continuous tracking and calculation of cost basis, gains, and losses, covering both short-term and long-term capital gains. This empowers organizations to effectively manage their digital asset tax liabilities. Furthermore, Bitwave simplifies crypto accounts payable and accounts receivable processes by seamlessly integrating invoices into the accounting system.

Hirofumi Aoki, Executive Officer and N Suite Producer, expressed his enthusiasm for the partnership, stating, “Together, we aim to revolutionize the landscape of digital asset management by combining N Suite’s essential enterprise ‘must-have’ private key solutions with Bitwave’s convenient and easy-to-use accounting software. This partnership empowers both web3 beginners and existing businesses to navigate the complexities of the digital economy with confidence and ease.”

Amy Kalnoki, Bitwave’s Co-Founder and COO, echoed Aoki’s sentiments, emphasizing their shared commitment to enabling digital assets for enterprise customers. “N Suite understands that businesses today rely on smooth and effective operations to issue NFTs, transfer crypto, and deploy smart contracts. Together with Bitwave’s best-in-class finance platform, businesses can leverage the power of blockchain technology in a fast, safe, and fully compliant way.”

The collaboration between N Suite and Bitwave marks a significant step forward in the realm of digital asset management. By providing a holistic solution that addresses the security, governance, accounting, and compliance aspects of digital assets, this partnership is poised to accelerate the adoption of digital assets among enterprises. It reinforces the commitment of both companies to simplify and streamline the processes surrounding digital asset management, enabling businesses to harness the potential of blockchain technology with confidence and ease.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.