Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

BitPay bitcoin wallet adds PIN and fingerprint authentication

Leading bitcoin payment processor BitPay has announced that it has released a new version of its wallets which comes with PIN and fingerprint screen locking feature.

The startup said that the optional Fingerprint and PIN screen locks features are much-requested security and privacy feature for wallets on shared devices.

“If you ever share your mobile device with friends, family, coworkers, or kids, you might not want them poking around in your bitcoin wallet. The new optional fingerprint and PIN screen locks protect your wallet app from unwanted intrusion and give it additional privacy protection”, BitPay said in a blog post.

It further added that a PIN alone would not provide full security for the bitcoin private keys and recommended creating a multi-signature wallet in the BitPay app.

“You can share a multi-signature wallet with trusted friends or split the private keys required to move funds between 2 or 3 of your own devices. This makes it almost impossible for even the most determined attacker to gain access to your funds”, BitPay added.

In addition, BitPay has also added new options for sending bitcoin to other bitcoin addresses and the BitPay Card in the new version.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.