DGC

The new technology was developed to provide peer-to-peer payments and exchanges with anonymity among a growing variety of asset classes.  SilentVault is a wallet application which allows the user to bring in Bitcoin or Litecoin, spend them as Silent Bitcoin or Silent Litecoin, and thereby silence the block chain on their original crypto-coin.  Other currencies have been developed into SilentVault assets, such as Silent Silver.

SilentVault is a Voucher-Safe based technology. What you hold and trade with your SilentVault wallet are vouchers representing assets, not the assets themselves. While this is obvious for gold or silver, which are not digital assets, the distinction is important for bitcoin. The wallet contains vouchers, which are cryptographically signed digital bearer certificates analogous to coins. It also holds receipts for incoming or outgoing payments, which provide a downloadable (and deletable) transaction history.

The SilentVault website details the important differences between a SilentVault wallet and a regular crypto-currency wallet.

In the Voucher-Safe system, assets are held by trusted voucher Issuers. Some information on backing assets can be found here. However, out of what I imagine is a perceived necessity, there is little information available on Issuers or those behind the technology.

SilentVault is a virtual enterprise operated by technology and business professionals with a total of five decades experience in digital currency systems.  The user agreement for all users of SilentVault, including the SilentVault team members, prevents us from disclosing names, addresses, and other particulars.

This technology is aimed at the privacy conscious who want to use crypto-currencies without the public record on the blockchain and those who have been waiting for the next generation of digital gold currencies.

A wealth of information on the functioning of the wallet can be found via the wallet’s website.