Sony develops "contactless" crypto hardware wallet

posted 7 months ago
Electronics giant Sony has developed technology to help cryptocurrency users store their assets more securely, and this technology might be coming soon to store near you. The Japanese tech conglomerate announced that its Computer Science Laboratories division (Sony CSL) had developed a cryptocurrency hardware wallet that could be used to store Bitcoin and other digital assets in a secure offline environment while retaining the convenience of less-secure online crypto storage systems.

Unlike conventional cryptocurrency hardware wallets like the Trezor One and Ledger Nano S, which connect to the user’s PC or mobile device using a USB cord, Sony CSL’s wallet would store the user’s private keys on a contactless IC card, enabling the user to easily sign transactions from an NFC-enabled mobile device.
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