DALLAS, June 10, 2014 /PRNewswire/ -- Bayside Corp.
(BYSD.PK) today announced the launch of Vault 51 (beta), operated
by Bitcoinz USA a subsidiary
corporation of Bayside Corp.
Vault 51 is an offline storage system for Bitcoin users, which
is represented by a Physical Bitcoin. The electronic Bitcoin is
then stored off-line in a secured computer chip known as Vault 51
and embedded in a Physical Bitcoin, which is not connected to the
internet. This process is also known as cold storage and is done to
avoid hacking, loss, or theft.
Vault 51 was developed in response to recent security issues
that have plagued the Bitcoin eco community. "For the Bitcoin
eco system to continue to grow it's important to create more
stability and security in this digital currency"-Gordon Johnson
Bayside Corp.-CEO
While Bitcoins have incredible potential to change the world,
the company's management team believes that it's efforts to help
secure and stabilize Bitcoins for users can revitalize the entire
Bitcoin eco-system. With a current market cap of $8,351,155,964, 59,269 daily transactions,
$53,175,480 daily transaction volume
according to blockchain.info "Vault 51 has a chance to stir a
revolution in the Bitcoin eco community."-JW Walker Bitcoinz
USA-President
Vault 51 (beta) is available now through
http://vault51.bitcoinzusa.com .The company plans to launch more
functionality and features to Vault 51 over the next few months to
make it easy to use for the various types of Bitcoin users.
About Bayside
Bayside Corp. is an American multinational corporation that
manages multiple subsidiary companies engaged in a variety of
business industries and sectors. At Bayside Corp. we believe that
the future is now and that our efforts today will have a long
lasting impact for generations to come. For additional information
on the Company visit our website at: http://www.baysidecorp.com
Certain statements in this news release constitute
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and
"forward-looking information" All forward-looking statements are
based on Bayside's current
expectations, estimates, projections, beliefs and assumptions based
on information available at the time the statement was made and in
light of Bayside's experience and
its perception of historical trends.
The forward-looking statement in this news release includes
reference to: Bayside's ability to
execute on its strategy and deliver strong results on behalf of its
shareholders. Forward-looking statements are not guarantees of
future performance and involve a number of risks and uncertainties;
some that are similar to other related companies and some that are
unique to our company. Bayside's
actual results may differ materially from those expressed or
implied by our forward-looking statements and you are cautioned not
to place undue reliance on them.
SOURCE Bayside Corp.