Austrian government launches hardware crypto wallet

posted 20 days ago
The Austrian government’s state run “high security company focusing on secure identity” (that also makes the country’s passports) launched a hardware crypto wallet. The wallet named “Chainlock” is a “highly secure and forgery-proof cold storage solution that is designed to mitigate cryptocurrency theft.”

Chainlock is said to "enable secure offline storage of digital currencies such as Bitcoin. The 100% offline wallet will rule out unauthorized access to the private key via the internet, NFC, WiFi, CryptoLocker, private-key scammers; hence, nobody but the owner can use the private key. Also, the generation procedure, for which a patent application was filed, ensures the wallet is in a high-security zone. Nobody can view the key pair – not even the company’s staff."
Tags: blockchain, bitcoin, news