“Coolwallet”, The Credit Card Shaped Hardware
Taking security and storage seriously are cryptocurrency enthusiast, in which a set of various device “solutions out there” as reported by NewsBitcoin.com. Having the same size and shape as a credit card, one startup has released a different kind of digital asset hardware. The wallet can be easily hidden alongside the option of being carried effortlessly in your back pocket, due to the design of the new “Coolwallet S”.
Cryptocurency Hardware Wallet “Coolwallet S” which is Credit cad size and shape
In 2014 Michael Ou founded a Taiwanese tech company known as Coolbix aim to establish digital asset hardware and also smart contact development platforms. An Indiegogo campaign was started back then by the wallet ceators, including the cedit card shape wallet that permitted the protection of bitcoin private key storage. The team raised $2,686 USD through 184 backers, 108 percent of thei goal, during the Indiegogo campaign. In addition to the above, companies such as Bitman technologies, SBI holdings, Kyber Capital, Midana Capital and more, are firms that backed the startup CoolBitx.
The size of a traditional credit card about 85.60 × 53.98 mm with rounded corners, basically describes the Coolwallet S. Moeover, showing the wallets data sending and balances, is the device’s display on the upper left side. The card’s tactile button ensures an owner’s two-factor authentication process and the creators of the Coolwallet S device claim that cryptocurrency is held in an isolated offline environment. The Coolwallet S has five top digital assets, namely Ethereum (ETH), Bitcoin core (BTC), Bitcoin Cash (BCH), litecoin (LTC), Ripple (XRP), and an assortment of ERC-20 tokens.
CoolWallet flexible, waterproof and fire resistant
Developers of the wallet have ensued the card’s fire resistant, waterproof and flexibility. With its own power dock, the Coolwallet S sync data via encrypted Bluetooth technology and its NFC (Near Field communication) charger powers the hardware. Additionally, with a mobile application for Android and IOS devices, the new Coolwallet can be tethered.
Other Hardware wallets such as Keepkev, digital bitbox, trezor, and ledger can be a bit less cheap compared to the Coolwallet S. Duo package can cost up to $299, but the Coolwallet S amount to $189. As ther was no option to pay for this product with cryptocurrency, one thing we notice when proceeding to the checkout is the wallet has to be purchased with a credit card respectively
