The popular cryptocurrency software provider Blockchain has announced the launch of a custom hardware wallet that is exclusively tethered to the company’s flagship wallet. According to the development team behind the new hardware wallet called Lockbox, the firm collaborated with the wallet manufacturer Ledger in order to create the design.
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Blockchain Launches a Hardware Wallet Called Lockbox
The cryptocurrency and distributed ledger software provider Blockchain has announced the launch of a new hardware wallet called Lockbox. Launched in August 2011, the company has provided a variety of data services and a non-custodial wallet product that’s seen 29.5 million wallets created over the years. With the Lockbox hardware wallet, the device is fully compatible with the firm’s wallet software and users are able to benefit from both services. The well-known hardware wallet maker Ledger worked with Blockchain in order to create the wallet’s design and custom firmware. Lockbox is not compatible with other Ledger platforms like the Ledger Live application.
“We’ve created an elegant software and hardware integration that offers more functionality than previously existed in our space. Peter Smith, CEO, and co-founder of Blockchain stated during the announcement. “We’re thrilled to offer the Lockbox to Blockchain users so they can easily manage their funds online and offline seamlessly.”
The President of Ledger, Pascal Gauthier, also explained that these days stories about cryptocurrency hacks “continue to dominate headlines.” “It’s obvious that security must be top of mind for all stakeholders in the crypto space,” Gauthier emphasized. Additionally, being FIDO certified, the Lockbox device can be used as a secondary security key for Dropbox, Google applications, Github, and more.
