BT Money Hacks Ep 88: Protecting your digital financial assets
Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.
In this week's episode we look at how you can make the most out of your digital assets while making sure they stay safe and sound.
BT's digital editor Chris Lim hosts Michael Shaulov, CEO and co-founder of digital asset security platform Fireblocks. They discuss the following:
Advantages and disadvantages of dealing with digital financial assets and transfers (0:34)
How mistakes in basic digital money transfers can be catastrophic (3:20)
How retail customers or consumers can ensure safe crypto or digital wallet transactions (5:53)
Secure technical steps to protecting digital transactions, even for large amounts like 1 bitcoin (worth more than S$40,000 as of January 2021) (9:01)
Produced by: Chris Lim and Ernest Luis
Edited by: Adam Azlee
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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.