VaultTel, a US startup, has introduced a small hardware wallet for passwords that can be stored in a smartphone SIM card tray. In addition to supporting the military-grade encryption standard AES512 encryption, access to your wallet requires biometrics in addition to passwords.
The hardware wallet is made up of a dedicated application, a bolttel app and a SIM card containing hardware chips. It will be launched soon by the UK subsidiary in the EU as well as the United States.
It offers an optional device locking feature that allows access to specific smartphone wallets, and geophening that can only be accessed from a location using location information.
VaultTel came to revolutionize …
Technology and Security is FINALLY ready for this.
– VaultTel (@VaultTel) March 6, 2019
To store passwords on an Android smartphone that supports dual SIM cards, the user first inserts into the SIM card slot and connects the dongle to the smartphone. This allows you to access your wallet through the app.
CES 2019 in Las Vegas in January, and MWC 2019 in Barcelona, Spain in February. Samsung Electronics announced the launch of the Galaxy S10, which features a wallet function that supports password coin bit coin and Etherium, COSM and ENI. HTC also announced its block-chained smartphone Exodus, which supports Web browser Opera and supports distributed apps called DiApps. Electroneum has also released the M1, a smartphone for password-protected mining. With this smartphone, it can be used for shopping, online services, and paying for calls or data communications, as well as for mining ETNs that are self-encrypting.
Last January, Ledger, a cryptographic hardware wallet maker announced the Ledger Nano X, a Bluetooth-enabled hardware wallet that can manage 100 different passwords, and can be used with this product. Which is an app, Leisure Live. For more information, please click here .