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GridPlus Turns Crypto Storage into an Art Form

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An equally dramatic surge in cyberattacks has shadowed cryptocurrency’s rise. After all, As the market continues to expand, so does the ingenuity of cybercriminals seeking to exploit its vulnerabilities.

For instance, the Orbit Chain hack rocked the crypto world in January 2024, where cybercriminals made off with a staggering $100 million. This attack, which targeted a blockchain bridge, highlighted the persistent vulnerabilities in cross-chain technologies and set a grim tone for crypto security at the start of the year.

Now that digital assets are becoming mainstream, the stakes for security have never been higher. This is why the need for reliable, user-friendly security solutions has become crucial. Crypto hardware company GridPlus gives newbies and seasoned investors a next-generation solution designed to provide ironclad protection for cryptocurrency holdings in today’s high-risk environment.

The Lattice1: Redefining Digital Asset Security and Elegance

GridPlus’ flagship product, the Lattice1, offers robust protection for digital assets. Its sleek design and sizeable five-inch touchscreen set it apart from traditional hardware wallets. However, its real artistry lies beneath its surface.

Central to the Lattice1 is a sophisticated security system. This device employs a hardware security module (HSM) encased in a tamper-resistant wire mesh. This feature enables it to detect any physical tampering attempts, automatically deleting private information if compromised. “It is like having a vigilant guardian constantly watching over your digital wealth,” shares GridPlus Chief Executive Officer (CEO) Justin Leroux.

The Lattice1 supports multiple cryptocurrencies, including Ethereum, Bitcoin, and various Earned Value Management System (EVM)-compatible chains. This versatility makes it an ideal choice for investors with diverse portfolios.

Furthermore, the device’s large touchscreen fosters clear visibility when navigating and confirming transactions—an often overlooked feature when dealing with complex decentralized finance (DeFi) interactions.

Perhaps most impressively, the Lattice1 is designed with the future in mind. With 64 gigabytes of internal storage, it can run more resource-intensive applications directly on the device.

A Look At GridPlus SafeCard

Complementing the Lattice1 is the GridPlus SafeCard system, a portable, personal identification number (PIN)-protected HSM that can store seed phrases and support the creation of unlimited wallets.

The SafeCard system addresses a common dilemma in crypto storage—the trade-off between security and convenience. With SafeCards, users can securely back up their wallets without using vulnerable paper backups or complex memorization techniques.

One of the SafeCard’s most compelling features is its versatility. It can be used standalone for offline storage or seamlessly integrated with the Lattice1 for on-the-go access to keys. This flexibility allows users to manage multiple wallets without switching devices, providing a high level of convenience previously unseen in high-security crypto storage.

Furthermore, its security is equally impressive. It uses a physical unclonable function (PUF) for robust secret storage, a technology that creates a unique key for each device. With PIN protection, this product offers a multi-layered security approach that rivals even the most sophisticated storage solutions.

Experience the GridPlus Difference

Fortunes can be made or lost with a single private key in cryptocurrency. Thankfully, GridPlus has elevated this investment’s security with artistic precision. The Lattice1 and SafeCards merge functionality and design—a true masterpiece in digital asset protection.

“We have carefully considered every aspect of crypto storage. From the tamper-resistant mesh of the Lattice1 to the portable security of SafeCards, each element has been designed to provide maximum protection without sacrificing usability,”shares Leroux.

The result is a storage solution that safeguards digital assets with an elegance that goes beyond basic utility. While security often comes at the cost of convenience, GridPlus has painted a new picture of crypto storage, one that crypto enthusiasts and investors alike can appreciate and trust.

 

Rosario is from New York and has worked with leading companies like Microsoft as a copy-writer in the past. Now he spends his time writing for readers of BigtimeDaily.com

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Business

Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It

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Photo courtesy of: Folks

Byline: Shem Albert

Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.

Provincial Rules Add Complexity

Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.

Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.

Unified Records Improve Accuracy

Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.

Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.

Automation Keeps Provinces in Step

Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.

Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.

Reporting Strengthens Compliance

Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.

Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.

Scalable Payroll for Expanding Businesses

Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.

Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.

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