A New Generation of HardWallet: How HASHWallet Protocol Protects Users Cryptocurrencies on Blockchain

2020-2-26 13:54

Data breaches are a major concern to internet users, organizations, and governments. In 2013, almost 3 million customer credit card records were stolen from the Adobe database. Also, information pertaining to 60 million users was accessed on the U.S Postal Service database. These breaches come with financial costs and can ruin customers’ trust, which brings about a need for data security.

In line with that, data integrity is important. It ensures that stored information is unchanged irrespective of when, where, and how it is accessed. However, not many systems can offer this characteristic. A system that can, must be immutable, tamper-proof and decentralized.

Accordingly,  HASHWallet protocol has been used to develop a new generation kind of hardware wallet. This innovative hardware wallet is primarily designed to safeguard its users’ crypto-assets.in the shape of a convenient “smart card” full premium features —  which makes it easy for its users to move around with.

HASHWallet Offers High-Level Security and Ease of Use

HASHWallet is the first non-programmable hardware wallet, hence it offers a more secure environment for users to verify transactions. Here, a large e-ink screen is used to check and approve transactions, which eliminates the potential for fraud. What’s more, the private key on the smart card can never be extracted by the user. As such, the key can neither be lost nor stolen.

HASHWallet also features an intuitive user interface that makes it easy for everyone to operate. Whether you are new to the cryptocurrency space, or you have little or no knowledge of gadgets, you can operate this wallet with ease. Moreover, it is the world’s first hardware wallet to feature a direct mobile application. The application can be used to manage the wallet and user’s funds from a smartphone.

HASHWallet has entered into an arrow certificate program                                                

Basically, the Arrow certification program is a partnership between Arrow and Indiegogo that gives entrepreneurs the necessary tools and services to bring their product ideas to life. Just recently, after deep investigation and scrutiny, HASHWallet has been endorsed and certified to be an “Arrow Certified Product.’’ In fact, the eSignus engineering team from HASHWallet is now working with ArrowGlobal to ensure that they build the most secure hardware wallet.

HASHWallet makes it Difficult for hackers to steal what they don’t know;

Actually, this device is designed to incorporate public-private key technology. So, anytime the card is initialized for the first time, it generates the key pairs in a random way and not based on any seed. The private key is kept inside without anyone knowing it not even the user. Therefore, what is not known and inaccessible is impossible to steal.

HASHWallet offers maximum security via Biometric Technology:

In many sectors or industries, when it comes to topnotch security, biometric authentication is no doubt one of the most reliable options for asset storage security. The crypto industry is no longer left out; HASHWallet has imbibed this form of security for the storage of its users’ crypto-assets. This technology solves one of the challenges facing cryptocurrencies — to protect owner identity.

HASHWallet offers an innovative key recovery system:

Safekeeping cryptocurrencies is hard work for some users. According to the recent research by Chainalysis, a digital forensics firm that examined the Bitcoin Blockchain,  about 3.79 million has already gone forever based on a high estimate and 2.79 million based on low. 

Statistically, we can say that Hardware wallets get lost all the time either from damage or misplacement. That is why HASHWallet comes with two Smart seed cards to provide an alternative way to access your funds if the wallet is lost. While activating HASHWallet for the first time, the seed cards are paired to the device via NFC. As a result, your Recovery Seed is stored on these cards. The card also generates a ‘Recovery Key’ that is stored on the eSignus Vault.

Also if it happens that you no longer have access to the HASHWallet, you can fall back on one of these cards. All that is required, is to purchase another HASHWallet and use one of the Seed cards to enter the Recovery Seed and Recovery Key. Your funds will then be accessible from the new HASHWallet.

Conclusion:

HASHWallet protocol helps to protect users’ cryptocurrencies on the blockchain. Accordingly, users looking for a more secure way to transfer their virtual assets and in a faster manner need to take advantage of the HASHWallet. This hardware wallet is secure, easy to use, and has been built with the latest technology.

The post A New Generation of HardWallet: How HASHWallet Protocol Protects Users Cryptocurrencies on Blockchain appeared first on NullTX.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Cardstack (CARD) íà Currencies.ru

$ 0.0006461 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: -0.55 %
Cåãîäíÿ L: $0.0006461 - H: $0.0006461
Êàïèòàëèçàöèÿ $0 Rank 7664
Öåíà â ÷àñ íîâîñòè $ 0.0005742 (12.52%)

users million card records credit customer almost

users million → Ðåçóëüòàòîâ: 126


Ôîòî:

It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop!

NEO, one of the main blockchain projects in China, has joined forces with ONT to carry out a significant Airdrop to increase not only the volume but also the number of users of both cryptos. Yesterday, the official NEO blog announced that NEO token holders are going to receive $40 million worth of ONT tokens on […] The post It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop! appeared first on Ethereum World News.

2018-7-13 20:01


Ôîòî:

Yes, you’re losing Twitter followers. No, it’s not because you’re an asshole (probably).

Twitter today announced it’d be removing locked accounts from users’ follower counts.  If you’ve noticed a precipitous drop in follower counts today, it’s not you — it’s your followers. Reports surfaced earlier this week that Twitter had suspended a multitude of fake accounts in the months of May and June — apparently in an attempt to curb the rise of bot and their accompanying cocktail of issues.

2018-7-12 02:47


Ôîòî:

Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

2018-7-7 03:00


Ôîòî:

Japan’s Module Platform Offers Users the Chance to Earn Cryptocurrency with Their Gadgets

The company has already collected more than $2 million through a private sale of its coins. This is not surprising, as this platform has the potential to turn the cryptocurrency market on its head in several different ways: secure mining, storage of a large amount of data using gadgets around the world, and financing of blockchain through the creation and development of decentralized applications (DApps).

2018-7-5 20:00


Ôîòî:

Report: 2.3 Million Bitcoin biodatas Focused on by Malware That ‘Hijacks’ Windows Clipboard

A new attack on Bitcoin users which gains control of Windows clipboard to swap out addresses is already monitoring 2.3 million targets, sources reported June 30. The malware, part of a family of threats known as “clipboard hijackers,” secretly gains control of memory, running in the background to ensure users do not notice its presence.

2018-7-2 20:18


Japanese social messaging app LINE will launch a cryptocurrency exchange for 30 coins next month, it revealed Thursday, June 28. In a press release, the company, which counts around 200 million monthly users, confirmed it would offer crypto-to-crypto

Japanese social messaging app LINE will launch a cryptocurrency exchange for 30 coins next month, it revealed Thursday, June 28. As Cointelegraph reported in January, LINE had been in talks with Japanese regulators over launching an exchange.

2018-6-28 16:00


Ôîòî:

Pornhub’s 90 Million Daily Users Can Now Pay With TRON, ZenCash

Major adult entertain website Pornhub has announced it will accept TRON and ZenCash, adding to its cryptocurrency acceptance after beginning payments with Verge in April. Pornhub: Crypto ‘More Anonymous’ Than Fiat In a statement posted on ZenCash’s official blog on June 27, MindGeek, the group which owns Pornhub and thirteen other adult resources, confirmed the decision to accept ZenCash across its products.

2018-6-28 00:00