We have built iSTOX from the ground up with user safety and security in mind. To begin with, all funds transferred to iSTOX accounts are held in a customer segregated account with DBS, our banking partner. Beyond this, all iSTOX accounts are protected by multiple layers of cybersecurity protections. In addition, we make two-factor authentication and SSL encryption mandatory across our platform. We also ensure all asset ownership and financial transactions are recorded on our immutable proprietary distributed ledger. That way, there is a reliable record if anything goes wrong.
Please also note that iSTOX digitized securities are non-transferrable and non-tradeable outside our platform, which reduces the incentive for theft. Proceeds from the sale of digitized securities can only be credited into bank accounts that have been specified by iSTOX investors.