Stash, Inc., a software start-up providing turnkey financial cryptographic solutions, has announced the release of Stash Node Pro, which is an Open-Transactions based plug-and-play hardware unit that combines bitcoin full node with Open-Transactions.
According to the official release, the Stash Node Pro also combines a variety of cryptographic financial instruments in order to bring users a complete financial cryptographic library. Open-Transactions is a financial system based on cryptographic proofs that enable cost advantages by eliminating server-side theft and fraud.
"It's a bank in a box. Bitcoin professionals and enthusiasts have been seeking a way to gain access to a complete financial and cryptography software suite, and Stash has responded to this demand by creating a self-contained hardware device that addresses a multitude of needs,” Cliff Baltzley, Stash CEO said.
Stash Node Pro is the first Open-Transactions based software that is fully integrated with bitcoin. It uses BIP47 payment codes for on-chain transactions, enabling reusable, two-way bitcoin addresses with fungibility and full on chain privacy. It also includes a variety of off-chain financial instruments including invoices, recurring payments, bid/ask exchange, smart contracts, cash, cheques and currency issuance.
"We're reducing the need for reliance on trusted third parties. All money services existing today can be replaced by consumer devices. Through strong cryptography, parties can transact directly and privately with one another," Chris Odom, Stash CTO, and co-founder said.
The Stash Node Pro is available on the company website and is priced at $987.00 USD.
