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Blockchain startup Ledger launches new cryptocurrency hardware wallet ‘Ledger Nano S’

Ledger Nano S (EconoTimes)

Ledger, a blockchain-based startup, has launched its new ‘Ledger Nano S’ product which is a secure bitcoin and Ethereum hardware wallet that connects to any computer through USB.

The new Ledger Nano S which directly connects to the computer through USB, embeds a built-in OLED display to double-check all bitcoin transaction information and confirms each of these transactions with a single tap on its buttons.

According to the website, the product stores the digital assets and secures the crypto payments. Apart from Bitcoin and Ethereum built-in apps, the product can integrate other blockchain-based cryptocurrencies as well. Users can send and receive payments, check accounts and manage multiple addresses.

The key features of the product are that it is highly secured with private keys inside a strongly isolated environment which are locked by a PIN code. In addition to Bitcoin and Ethereum wallets, users can use third party apps including FIDO U2F, GPG, SSH or even build their own apps. Nano S accounts are backed up on a paper wallet, according to the website.

Ledger Nano S is compatible with Windows (7+), Mac (10.8+), Linux or Chrome OS and requires Google Chrome or Chromium for installing. The product is open for pre-order bookings and will cost 58€. It is highly secured and prevents assets against malware, theft or viruses.

In March this year, Eris Industries which is a leading platform provider for enterprise blockchain applications announced Ledger as its hardware security partner in order to improve the security of critical workflows and protect its blockchain-based infrastructure.

Founded in 2015, Ledger is a French startup developing a secure platform for blockchain applications. The company has successfully deployed a popular hardware wallet for the Bitcoin industry and recently introduced solutions for enterprise and industrial customers with a unique combination of expertise in embedded OS, hardware security, cryptography, and blockchain.

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