Ledger Launches State-of-the-Art USB Bitcoin Wallet, Ensures Topmost Security Features

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ForexMinute.com – Ledger Wallet, the new-age Bitcoin wallet manufacturing company, recently announced the launch of their innovative state-of-the art USB Bitcoin wallet which reportedly offers a Z-level security to users’ Bitcoins.

As small as a pen drive, this new hardware wallet comes with certain bold features that protect the stored Bitcoins from little to severe hacking attempts. For instance, the cold storage device implements a banking-grade Evaluation Assurance Level 5+ (or EAL5+) smartcard, which is commonly integrated into credit cards to withstand online theft. “LPAR on IBM System z is EAL5 Certified,” a little research on Wikipedia reveals.

Other than being EAL5+ certified, Ledger is a BIP32 wallet, which is like a mecca for users with multiple Bitcoin addresses.

How Ledger Works?
The wallet has its own protective environment when it comes to offering security to stored Bitcoins. A user simply has to connect the Ledger USB stick to his PC/laptop, followed by entering a PIN CODE in Ledger’s Google Chrome app, to perform the routine bitcoin-related tasks, including inbound & outbound transfers, payments, etc. Even if the users’ machine is compromised by malicious files, the USB wallet keeps its protection-mode on. Protego!

At $36, Ledger Wallet is a Steal
Compared to its forerunner Trezor, which also launched a similar USB Bitcoin wallet priced at $119, Ledger comes at a much cheaper price – only $36.

Further Plans
The creators of Ledger Wallet – Eric Larchevêque and Thomas France – is now planning to implement one-tap payment options in the same device using the NFC technology.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com

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With an upbringing rooted in deep ethical values, Yashu Gola knows how to put honesty and dedication into his articles. This young and dynamic financial analyst has done his graduation in IT engineering. His interests in financial writing have once brought him to our digital doorsteps. Since then, he has been an integral part of ForexMinute.com and writes the most captivating news-articles on the foreign exchange industry, cryptocurrencies, and medical marijuana trading.