<PAGE>
EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the inclusion in this Registration Statement on
Form S-1 of our report dated July 12, 1996, on our audits of the balance
sheets of V-ONE Corporation ("the Company"), as of December 31, 1994 and
1995, and June 30, 1996, and the related statements of operations,
shareholders' equity (deficit) and cash flows for the period from February
16, 1993 (date of inception) to December 31, 1993 and for each of the two
years in the period ended December 31, 1995, and the six month period
ended June 30, 1996 and the related financial statement schedule. We also
consent to the references to our firm under the caption "Experts" in the
Prospectus.
/s/ COOPERS & LYBRAND L.L.P.
Coopers & Lybrand L.L.P.
Washington, D.C.
October 22, 1996
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Registrant has duly caused this pre-effective amendment to its
registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Rockville, State of Maryland, on
October 22, 1996.
V-ONE CORPORATION
(Registrant)
By: /s/ James F. Chen
-------------------------------
Name: James F. Chen
Title: President and
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Pre-Effective Amendment to the Registration Statement has been signed by
the following persons in the capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
<S> <C> <C>
/s/James F. Chen President, Chief Executive October 22, 1996
--------------------- Office and Director
James F. Chen
Treasurer October 22, 1996
/s/Chansothi Um
---------------------
Chansothi Um
Chief Financial Officer October 22, 1996
/s/Charles B. Griffis
----------------------
Charles B. Griffis
Controller October 22, 1996
/s/Ban L. Eap
----------------------
Ban L. Eap
Director October 22, 1996
/s/Hai Hua Cheng
----------------------
Hai Hua Cheng
Director October 22, 1996
/s/Charles C. Chen
----------------------
Charles C. Chen
<PAGE>
Signature Title Date
Director October 22, 1996
/s/Harry S. Gruner
----------------------
Harry S. Gruner
Director October 22, 1996
/s/William E. Odom
----------------------
William E. Odom
</TABLE>
<PAGE>
