
The pairing of Swan and Blockstream will enable users to retain ultimate control of their bitcoin while knowing that it's stored in a secure way offline, the two firms said Thursday.
In this case, collaborational custody, which includes a multi-signature wallet scheme with third-party assistance for things like backup and transfer, is enhancing the user experience of bitcoin storage, the firms said.
Users frequently face the challenge of providing users with the peace of mind their assets are secure without having them bear personal responsibility for their financial security, through managing their own keys and so on.
The demand for services that can offer both greater security of assets and a simple user experience is a natural demand.