A New Era of Cryptocurrency Wallets
American companies VivoKey Technologies and Dangerous Things have introduced a unique solution in the field of cryptocurrency wallets that has attracted attention with its unusual concept: this wallet can be embedded directly into a person’s body.
Compact and Advanced
The next generation cryptocurrency wallets from VivoKey Technologies and Dangerous Things are compact devices the size of a small tablet. They utilize advanced Near Field Communication (NFC) and Radio-Frequency Identification (RFID) technologies, allowing for convenient and secure cryptocurrency management. The cost of such a device is $349 USD.
Embedded Security
According to Amal Graafstra, founder and CEO of both companies, the key feature of these wallets is their embedded nature. Users can conduct cryptocurrency transactions using a smartphone as an interface to interact with the wallet. The private key and transaction signing process take place inside the wallet chip itself, enhancing security.
Implantation Process
The procedure for implanting the device into the client’s body is an innovative approach. A special needle is used to implant the wallet under the skin through a micro-incision. The developers claim that the implantation process takes less than a minute, and immediately after that, the user can start using their new cryptocurrency wallet.
Security Concerns
It can be assumed that such a product will be particularly attractive to enthusiasts of miniature gadgets and those who appreciate technological innovations. However, in the face of increasing cyber threats and breaches, the security of cryptocurrency wallets embedded in a person’s body will become a key aspect that needs to be carefully assessed and analyzed.
