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Topic: New Crypto Hardware Wallet Fits Your Phone’s SIM Card Slot - page 2. (Read 397 times)

hero member
Activity: 2520
Merit: 952
Taking hardware wallets with you is quite tedious and also they don't work with mobiles. This chip based hardware wallet has certainly made things better.
sr. member
Activity: 854
Merit: 281
This is very impressive. Given the proliferation of hacks to steal cryptocurrency, I foresaw the growth of biometrics for authenticating transactions. I'd like to see how this chip performs, and if it's found to live up to its promise, I would seriously consider something like this. The price is also reasonable.
member
Activity: 504
Merit: 10
Wow! Another new very interesting inmovation has been come out the community. Well, I know for sure that most crypto users will come to be amazed to this too. I am excited to see one of this and try thus new crypto hardware wallet that is very convenient as it fits my phone's simel card slot.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
lots of new phones have dual sim these days. my iphones haven't (not sure about post-6 versions) but my new huawei does. my impression was it was becoming more common, not less. it's useful for international travelers who need to pop in temporary sim cards.

the idea is cool as far as securing a mobile wallet. are you sure it doesn't fit nano sims? if not, it wouldn't work on my phone.....

In the UK at least dual sims are rare. It's almost always imports that have it, not the domestic market version. Some double as memory card slots. I'd have much more mileage for a memory card than this.



Nano sim's on the right. This looks considerably bulkier than that.
legendary
Activity: 1652
Merit: 1483
Sounds cool. I do not have a sim slot to spare though and they're getting rarer by the generation. They're also shrinking in size to nano only and this one certainly doesn't look like one of those. They may have missed the boat a bit with this one.

lots of new phones have dual sim these days. my iphones haven't (not sure about post-6 versions) but my new huawei does. my impression was it was becoming more common, not less. it's useful for international travelers who need to pop in temporary sim cards.

the idea is cool as far as securing a mobile wallet. are you sure it doesn't fit nano sims? if not, it wouldn't work on my phone.....
sr. member
Activity: 910
Merit: 351
A great alternative even though it might looks outdated for some users. Most likely we'll need to buy a phone or use our unused phone to make sure that we can access the apps securely. I personally won't use this as I don't really need such thing, my Ledger Nano S is enough and not everybody here knows about crypto anyway.

A chip option is a bit overkill imo, I personally would prefer Ledger than something which is embedded on my own body.
hero member
Activity: 1022
Merit: 503
However, none so far have taken the form factor that would fit a device’s SIM slot. If you want to go really small, you can also get a chip that will store crypto keys that can be inserted under your skin.

Geez I feel like I'm a robot if I'll have this under my skin. Like those we watch on movies while I'm pretty sure that this chip is maybe worth our life savings. Though I'm bother if this chip will be detected easily? It's ridiculous but who knows! Definitely I'll go with this if I have overwhelming assets but for now I'm good with my current wallets.
member
Activity: 1120
Merit: 13
Looks great and very attractive! But I would like to go for Ledger Nano X because their Bluetooth system is better than this sim slot. I don't have many sim slots in my phones, so this is not for me  Grin I owned a ledger nano S, now I set my plan to buy a Ledger X! But I appreciate this innovative idea. Could you please share any intro video or tutorial about this hardware wallet?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Sounds cool. I do not have a sim slot to spare though and they're getting rarer by the generation. They're also shrinking in size to nano only and this one certainly doesn't look like one of those. They may have missed the boat a bit with this one.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
https://www.coindesk.com/new-crypto-hardware-wallet-fits-your-phones-sim-card-slot?utm_source=social&utm_medium=Hootsuite&utm_campaign=

New Crypto Hardware Wallet Fits Your Phone’s SIM Card Slot

U.S.-based startup VaultTel has launched a tiny cryptocurrency hardware wallet that sits in the SIM tray on mobile phones.

The firm announced Tuesday that the wallet solution combines an app and the VaultTel Intellichip card to store cryptocurrency private keys on mobile devices, using biometric authentication and “military grade” encryption to keep the funds safe.

The card can be placed in the SIM card slot of dual-SIM Android mobile phones, or can be used with a dongle accessory on iPhones, VaultTel said.

The biometric authentication feature ensures that only the phone’s owner can transfer funds from the wallet, VaultTel explains on its website. “More than that, no spy screen recorder or Trojan can record what is happening on your hardware wallet, as it’s a not using your laptop or system resources,” the firm adds.

The wallet is available for pre-order with two options: an Android package at a cost of £75 ($98) and an iOS package at £100 ($131), the website indicates.



The Intellichip uses the AES (Advanced Encryption Standard) 512 to securely store data and also has optional features such as being able to restrict wallet access to a particular device and “geolock,” which constrains access to a particular geographic area.

VaultTel further said that it has implemented the latest bitcoin standards for the product, including Bitcoin Improvement Proposal (BIP) 39 for mnemonic seeds and BIP44, which allows for HD (hierarchical deterministic) wallets. Users can back up their wallets on other VaultTel cards.

The product has now launched for the U.S. market and is expected to be made available “immediately” in European countries through VaultTel’s U.K. subsidiary.

The use case for securely storing cryptocurrencies on mobile phones is fast taking off, with a flurry of launches occurring in recent months.

Samsung’s upcoming flagship device, the Galaxy S10, is to feature a hardware enclave within the phone that is aimed to protect wallets on the device from hacking. Sirin Labs’ blockchain phone also features a built-in hardware wallet.

However, none so far have taken the form factor that would fit a device’s SIM slot. If you want to go really small, you can also get a chip that will store crypto keys that can be inserted under your skin.
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