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Blockchain Company Partners With Ledger To Develop The Hardware Wallet

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Blockchain company in collaboration with Ledger has developed the hardware cryptocurrency wallet Lockbox specifically for Blockchain.com users. Now every user can store and manage their digital assets in a blockchain.com web wallet.

Peter Smith, Blockchain CEO, spoke about the new product:

“The Lockbox is a reflection of what our companies both do best. We’ve created an elegant software and hardware integration that offers more functionality than previously existed in our space. Users can easily manage their funds online and offline seamlessly.”

It is already possible to issue a pre-order for the Blockchain Lockbox for $ 99.99. The release of device scheduled for the 8th of November. According to the president of the company Ledger Pascal Gautier, each cryptocurrency owner should first of all think about the security of the wallet in order to avoid the theft of digital assets. Thanks to the joint work of two companies, Blockchain and Ledger, they managed to develop a secure hardware wallet with rich functionality.

There are two firms dominated on market for hardware crypto wallet - Ledger and Trezor. But the situation will change soon. This week, the Japanese corporation Sony announced its plans to release a device for storing cryptocurrency. Sony's wallet will be the size of a credit card and it will use contactless smart card technology with which you can sign transactions using a mobile device with the NFC (Wireless Data Transmission) feature.

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