U.S-based iCoin Technology announced a first-of-its-kind iCoin Wallet System that includes a sleek hardware wallet which incorporates a 3-inch touchscreen display. It also incorporates a 13-megapixel camera that enables full Air Gap transaction security. An optional Bluetooth thermal printer allows for a convenient and error-free way to securely print and store a 24-word backup seed phrase, along with other important information such as account addresses and transaction receipts.
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iCoin also announced that it has signed a distribution agreement with Verizon to sell the iCoin Wallet System. Verizon will accept orders directly for the Hardware wallet and Printer or Hardware wallet only; the iCoin Wallet System is also available from iCoin at www.icointechnology.com.
Unlike legacy hardware wallets that lack modern features such as a large touch screen, built-in camera, and Air Gap technology, the next-generation iCoin Wallet introduces an entirely new user interface based on a 3-inch touchscreen display making it easy for even first-time users to securely enter pin codes, name accounts, and digitally sign blockchain transactions.
“The iCoin Wallet System is the new standard in crypto asset protection and ease of use,” said Chet Silvestri, CEO of iCoin Technology. “Crypto enthusiasts and beginners alike are beginning to realize that holding custody of their cryptocurrency and NFTs on a hardware wallet is the way to go, but until now there has not been a solution that is easy to use, easy to operate, easy to keep secure, and easy to extend. About the size of a mini smartphone, the iCoinWallet does it all in a stylish and secure package.”
Unmatched Level of Security
The iCoinwallet is a physical device that operates as cold storage, making it difficult for hackers to extract private keys since the device is never directly connected to any blockchain or the Internet. Unlike a smartphone, the iCoinhardware wallet has no hardware or software support for Wi-Fi, cellular or GPS communication, which can threaten security. It uses a camera and displays QR codes to receive and send information to the iCoinMobile App (air gap connection) which runs on iOS and Android smartphones. The iCoin Mobile App uses the smartphone Wi-Fi or cellular connection to relay the transaction information to the blockchain. iCoin also operates its own full node blockchain server for improved transaction security. An optional Bluetooth printer securely connects to the hardware wallet for seed phrase and other printouts.