Introducing World’s First Wearable Hardware Wallet for Cryptocurrencies & Other Digital Assets

Blockchain wallets had come a long way, from the initial stages of using the paper wallets, web wallets to more secure hardware wallets. New wallets tend to increase the security and make the information as discreet as possible. The role of the Blockchain wallet is just to hold the private key of the account securely. The private key could be represented as QR code, string, mnemonics or some other Blockchain acceptable figures.

Security is first, foremost valued and indispensable for the Blockchain community. Among the different types of wallets, the hardware wallets go through extreme measures to protect and encrypt your private keys and data so that even if some attacker does get a hold of the wallet, it’s unlikely if not impossible for them to retrieve secure data from it.

Hardware wallets are exceptional in providing highest security but what about convenience? It is very easy to forget these little secure devices anywhere — on a desk, in the car or sometimes even they are difficult to locate.

Considering the present demands of Hardware Wallets, problems & convenience factor all over the globe. Our team brings you a wearable Hardware Wallet which can be comfortably carried as well as accessible on the go.

Meet Vault0x, the world’s first wearable hardware wallet for Cryptocurrencies. Vault0x is where the Wearable Technology meet Cryptocurrencies & Digital Assets.

The Vault0x provides you with a secure implementation of Blockchain wallets over a wearable device. Hardware wallets are currently in substantial demand, and wearable wallets will provide additional peace of mind as they are convenient to carry.

The premier hardware supplied by Vault0x has secure Cryptographic algorithms as its backbone and tends to disrupt the market by bringing in:

1. Premium product: Metallic design with fashionable hardware
2. Convenient form factor: It could be strapped on the wrist, attached to a keychain, car keys or dog’s collar
3. Lighting fast access: Strap has an inbuilt USB endpoint for rapid access to the hardware wallet.
4. Universal second-factor Authentication: Supports open authentication platform U2F, which is being used by most of the platforms for 2FA.
5. State of the art Cryptography: High-level security and authentication provided with ECC and SHA256 algorithms.
6. Support for major Cryptocurrencies and forks: The hardware wallet supports Bitcoin, Ether, ERC20 tokens and much more. It will also support all the major forks on these Blockchain networks.

Challenges

Although, the wallet is an extension of the currently available open source platforms. Still, there are multiple challenges faced in building this revolutionary technology:

Aesthetics — The design and overall aesthetics of wearable devices play a significant role in its acceptance. One may consider this requirement as superficial, but we cannot emphasize enough the importance of getting it right. It is essential that device is easy to operate and comfortable to wear.

Battery Life — This is the most challenging part of a wearable device. A lot of R&D and experimentation is required to get the right balance between compactness and battery. The need to plug in one more equipment in the user’s life should not be forced upon. The device should be capable of working for an extended period on a single charge.

Robustness — The frequent exposure to dirt and water leads to devise malfunction; wearable devices should take this into account. They should be at least water resistant if not waterproof. They should also not attract dust particles.

Performance — Attaining desired performance as well as maintaining optimum battery life with compact size and robustness is a challenging task. Vault0x juggles all the parameters efficiently and securely.

Vault0x Key Features

Vault0x wallets come with the variety of critical features to protect and safeguard Cryptocurrencies. Some of the underlying elements of Vault0x are as follows:

Plausible deniability

Vault0x delivers this function in two different ways:

1. A secondary password can be set for Vault0x that would allow you to access the fully functional hidden wallet. You can adjust it to provide plausibility.
2. In case you are forced to recover Vault0x wallet from a backup, entering the wrong password will create a valid but different Vault0x wallet. You can also adjust this account to add more layers of plausibility.

Universal Second Factor (U2F)

Two-factor authentication (2FA) is currently the most efficient way to protect your digital accounts from unauthorized access. In addition to username and password used for login, you use something belonging to your identity, for example, a phone, an app or a specific hardware token. U2F provides one more layer of security where your sensitive information is never shared.

Vault0x offers a convenient and a secure method of two-factor authentication, based on a universal standard.

Multi-Currency support

Vault0x wallet supports multiple significant Cryptocurrencies. Vault0x wallets can be used to send/receive payments ranging from strong Currencies like Bitcoin, Ethereum, etc. to lightweight coins like the Litecoin.

Major Forking Support

A fork in a context happens when a blockchain diverges into two potential paths forward — either about a network’s transaction history or a new rule in deciding what makes a transaction valid. Vault0x support all the major forking and provide the user with the best results.

Timeline

We are already halfway through the development phase and plan to wrap the remaining work in the next couple of months. You can expect Vault0x wallet to be available for purchase by the second half of 2018 or sooner.

Please check our website here & join the waitlist.