Tuesday, February 25, 2020

Blockchain and Ledger Partners To Bringing Top Security To Crypto Assets Globally

Jide Idowu
I am Jide Idowu. A stay-at-home dad and a cryptocurrency enthusiast. I have had my hands on freelance writing for over five years, researching and writing guides, reviews, and latest cryptocurrency news for various blogs and individuals world over.

Blockchain has launched its exclusive hardware wallet that is powered by Ledger. The crypto cold wallet storage launch was made known through a blog post announcement on recently. The device is aimed at offering more security to crypto holders globally.

Blockchain Partnership With Ledger

A partnership between a leading web application provider for storing cryptocurrencies, Blockchain and Ledger, a leading developer of hardware wallets for crypto assets has led to the creation of a custom hardware device, the Blockchain Lockbox and it is exclusively compatible with the blockchain wallet.

The innovation leverages on the strength of the two firms that are both giants in the crypto space. The Blockchain Lockbox will enable blockchain users to easily and securely store their crypto assets offline through a first of its kind integration of cryptocurrency software and hardware.

Peter Smith, CEO, and Co-Founder of Blockchain stated that the Lockbox is a reflection of what the two companies (Blockchain and Ledger) do best. Smith further noted that they have both created an elegant software and hardware integration that offers more functionality that previously existed in the crypto space. He stated that the firm is thrilled to offer the Lockbox to Blockchain users to enable them to manage their funds online and offline seamlessly.

Pascal Gauthier, the President of Ledger, said that with the stories about crypto hacking continuing to dominate the headline, it is obvious that security must be top of mind for all stakeholders in the digital currency space. Pascal further noted that the combined force of blockchain and Ledger, users of Lockbox will get the best of the two firms that made the device. He also stated that Ledger’s partnership with blockchain is the first of its kind, and it is a natural fit because the two firms are focused on crypto security.

Security For 30 Million Users of Blockchain and its Sale

Security is paramount in the crypto space at the moment with the trend of hacks and thefts. The new device, blockchain Lockbox, is a unique cold storage device made by two firms specialized in software and hardware security for the crypto space. This solution is made available for the 30 million users of blockchain to experience a tailored end to end solution that harnesses the expertise of the two firms.

The device is available for pre-order as from October 25, and the deliveries will start in November. Early customers will receive the special edition blue version of the Lockbox, and existing ledger users will be able to connect to their Nano S device and enjoy the benefits.

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