The Gibraltar Blockchain Exchange (GBX) today announced it has admitted token issuer Infinitus and their token; INF to the GBX GRID.

Infinitus is brought onto the platform by its Singapore-based Sponsor Firm Venture Capital Network (VCN).

Infinitus seeks to solve the challenges faced by those who lose their digital assets through forgotten passwords and lost private keys.

The INF token is an ERC-20 utility token that is central to the Infinitus ecosystem, used to open ‘vaults’ for secure data storage.

As a blockchain-based decentralized application (dAPP), Infinitus enables users to store encrypted digital data, including private keys, recovery seeds, passwords, pin codes or any alphanumeric data.

Utilised through a mobile app, users can store private data and set security measures, such as an inactivity period, using the ‘Smart Designation Repository’ with the INF token.