In Belfastโs bustling commercial sector, a James-Bond-style vault has been opened by The Vaults Group, where clients may store fiat currency, precious metals, and even cryptocurrencies.ย
Cutting-edge security and state-of-the-art technologies distinguish this location as Belfastโs 1st privately owned safe deposit box facility.ย
Customers have full peace of mind and privacy thanks to the vaultsโ 24-hour surveillance, seismic shock sensors, fog cloak system, and biometric identification technology, which ensures that only the authorized individual may have access to their box, reportsย by information published by The Irish News on May 22.ย
The increasing popularity of portable assets such as high-end watches and the use of digitalย currency as a storage medium is another factor that is driving interest. They are likewise being used moreย frequently by organizations that are more worried about the likelihoodย of hacking to store backup data on memory sticks and computer hard drives.ย
Irish businessmen Sรฉamus Fahy and David Walsh established The Vaults Group to fill the need left by the disappearance of traditional bank safe deposit services. Fahy stated:
โOur customer base is incredibly varied โ it is not just high net worth individuals. We have younger people wanting to store their digitalย currency and regularly converting their savings into gold, older people safeguarding their family heirlooms, and increasingly, enterprises choosing to store irreplaceable data.โ
Interest in safety deposit boxes
Vaults Group, the most prominent private and independent supplier of safe deposit boxes in the Unitedย Kingdom and Ireland, revealed thereย is manyย of interest in the safe deposit boxes from both individuals and corporations; dozens of boxes have already been leased out.
There are hundreds of safe deposit boxes available for rent at the location, starting at ยฃ200 per year (less than ยฃ4 per week), which represents an financing of ยฃ1 Million and will result in the creation of 10 new jobs.
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