Inigma, a convenient NFC cold wallet made in Taiwan.The goal is to implement entity credentials for various blockchain services.
【Published by: Business Next | Editor: Sponsored Content | Translator: Statecraft 】
Driven by the rise in Bitcoin prices, the clear attitude of central banks in various countries towards CBDC, the popularity of smart contract-related applications, the popularity of NFC mobile payments, and the low-key opening of NFC read-write tags in iOS13. Inigma Limited, a startup company founded in September 2019, leverages the core team’s deep energy in software, hardware and services, in just two months, developed an NFC cold wallet solution that supports BTC and ETH — Inigma. Now they plan to push Inigma to international crowdfunding platforms such as Kickstarter and Indiegogo in mid-2020. Reverse consumers, exchanges, and business partners’ perceptions of cryptocurrency cold wallets-not easy to carry and expensive. Step by step emerged on the global stage.
Why did Inigma Limited choose to launch Inigma at this time? What results can be expected?
Inigma is committed to popularizing the field of cryptocurrency applications
“Our goal is to create corresponding entity credentials for blockchain application services. Cold wallets are only the first step. Next, there will be many value-added services.”
Sam Huang, CEO of Inigma Limited, said that the impact of blockchain technology on the future is crucial, but if you further study its development, you will find that whether it is a cryptocurrency or a smart contract (virtual) blockchain application, it is due to lack of A secure (entity) credential that can be used in the real world, affecting market acceptance and application penetration.
“Just as the assets held by consumers are used in the real world by entity certificates such as banknotes, blockchain-based cryptocurrencies also require an entity certificate. To accelerate popularization, the” carrier “of this certificate cannot be too large and expensive, it must be a product that people are already familiar with and using. Under this thinking, NFC has become the first choice. “
Sam Huang said that unlike existing cold wallet solutions such as Ledger, Trezor, and CoolWallet.S, which are signed or authenticated using USB or Bluetooth technology: consumers must verify that the device has sufficient electric power and is expensive before using the cold wallet (The price is around $ 100). Inigma is a thin and light encryption card with embedded NFC chip. It supports both Android and iOS systems. As long as the consumer ’s phone has electric power, click the Inigma App to scan the card for transactions. The entire transaction is authenticated. The time is only 0.3 seconds, which is much higher than other solutions (about 2 seconds). In addition, the number of encryption groups that can be supported is up to 12 groups, creating unlimited application possibilities.
In order to solve the application limitations of consumers due to the high price of cryptocurrency cold wallets and inconvenience, the team members of Inigma Limited rely on their extensive software, firmware and hardware experience in MediaTek, Garmin, and NFC chip factories. Based on the current research and development results, a cold wallet that is easy to be accepted by the public like MRT Easy Card will be launched in 2020. Let consumers in the real world, naturally use cryptocurrencies for various consumption, and more closely integrate the entity and virtual business environment.
In response to the trend of tokenization of physical assets, Inigma aims to become a blockchain entity certificate
We are optimistic about the future commercial field created by Inigma. At present, not only cryptocurrency exchanges may discuss cooperation with Inigma Limited, but also industry partners such as entertainment to discuss cooperation matters. However, the world stage that Inigma Limited is focusing on cannot only stop there (cryptocurrency application field), optimistic about development trends such as Security Token Offer (STO) and entity asset tokenization, and further extend its tentacles to diamonds, alcohol, In the fields of famous paintings and real estate, the current Inigma technology is used as the best bridge between the digital assets and the physical world, and provides the assets (tokens) holders with visible and usable vouchers, thereby creating more flexible Business development.
For example, the house holder can issue a real estate token Token through the on-chain method, and at the same time, use Inigma as the asset certificate, Earn rent together with the token holders, enjoy the value-added profits of the house, and even the householders can charge real estate management fees to these token holders.
“In the future commerce generated by blockchain technology, the business model will exceed your imagination. For this reason, a convenient, easy to use and secure virtual asset entity certificate is very important, and this is the future world focused on by Inigma Limited “In order to seize market opportunities and promote the development of more application services, Inigma Limited will actively deepen Inigma’s technical energy and possible application areas, and is optimistic about development trends such as Security Token Offer (STO) and entity asset tokenization, which will further expand its reach Extending to the fields of diamonds, alcohol, famous paintings and real estate, using the current Inigma technology as the best bridge between the digital assets and the entity world, and providing the assets (tokens) holders with visible and useful vouchers. Create and activate more types of business development.
■ Source: Business Next
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