The company Hideez Group presented the first Ukrainian wallet for cryptocurrency (Hideez Wallet), created on the basis of the smart keychain Hideez Key within the framework of the capital’s Blockchain Hub.
This wireless device is a completely separate product with the functions of a cryptocurrency wallet that can work on smartphones and desktop computers.
According to the CEO of the project, Oleg Naumenko, Hidez Wallet differs from existing analogues, like Trezor, by the fact that it is a wireless device that can function on mobile phones and desktops.
It uses the technology Invisible Pin to sign transactions, which works as a combination of short and long button presses on the device. It is believed that such a code can not be spied on and intercepted.
“Unlike passwords or, for example, standard PIN-codes, it is impossible to spy on and intercept,” Naumenko pointed out.
The company has produced the first batch of test devices. Besides Bitcoin, the system supports Ethereum and ERC-20 tokens, Litecoin, Bitcoin Cash, Namecoin, Zcash and other alternative coins. Mass production is planned for the end of the second quarter of this year.