CardLab’s new partnership could result in a more secure hardware wallet

The secure cryptocurrency wallet maker, eSignus, has recently partnered with CardLab in order to develop a more secure hardware wallet, the HASHWallet.

The secure cryptocurrency wallet maker, eSignus, has partnered with a leading electronic smart card manufacturer, CardLab, to create and manufacture a new secure cryptocurrency hardware wallet solution.

Introducing the new cryptocurrency smart card

The new HASHWallet™ hard wallet is a cryptocurrency smart card that offers a higher level of security and provides a much better convenience than other hardware wallets on the market, based on a series of technical features and advantages that make it unique.

  • As a non-programmable device, it is designed to create a totally secure space to sign transactions and to safeguard the user’s keys;
  • The card stores the private key without anyone knowing it, not even the user. This key cannot be accessed from the outside in any way. Therefore, the card is invulnerable and cannot suffer external attacks; and
  • The Public/Private keys are generated on the card itself, in a random procedure that is impossible to replicate and without the intervention of external.

‘What you see is what you sign’

The card includes a large screen of electronic ink, which allows the verification and validation of the transactions in detail. In this way, HASHWallet complies with the ‘what you see is what you sign’ (WYSIWYS) philosophy; users only sign what they see, and avoid the malicious attack known as “man in the middle” since no external devices are involved in the transactions.

CardLab is a leading manufacturer of electronic smart cards for credit cards and other uses. Its technological innovations include the Snap Switch to turn on the card, and off when not in use, the biometric FPC1321 T-shape(TM) fingerprint sensor for fingerprint authorisation, the RFID jammer to prevent wireless hacking, the ability to communicate wirelessly with any host device and the ability to include a dual dynamic magnetic strip.

Via the partnership with CardLab, eSignus will be able to manufacture, in Q3 2020, a credit card-shaped hardware wallet with biometric authorisation that does not compromise privacy regulations. The wallet can include wireless and contactless NFC/Bluetooth connectivity, plus other features that CardLab’s unique expertise makes possible. The hardware wallet will also be able to have additional security services, such as inheritance and plausible denial.

“CardLab’s Electronic Smart Card expertise helps embed HASHWallet unhackable, keyless signing of transactions into a convenient, slim and ultra-secure credit card-shaped hardware wallet,” notes eSignus’ CEO, Daniel Hernández.

“We are very happy to be able to support eSignus’ efforts to create and distribute a Cryptocurrency wallet and platform that will make the Cryptocurrency and blockchain much safer for users. We believe eSignus will be providing a uniquely secure and convenient solution with full privacy and identity protection”, says CardLab CEO, Frank Sandeløv.

About eSignus

eSignus is the company behind HASHWallet, the next generation software and hardware cryptocurrency wallet that provides the highest level of security to safeguard crypto-assets. eSignus is focused on the integration of the decentralised economy into business environments, delivering recognised and truly secure user experiences that enable mass adoption.

About CardLab

CardLab is a world leading technology provider to the powered smart card industry and is a company developing and commercialising ISO 7810 compliant secure card products including:

  • Full ‘system on card’ biometric authentication solution based on Fingerprints™ FPC1300 T-shape ™ touch sensor, for payment, ID, Access control and Cyber Security,
  • Communication controlled RFID cards (Jammer & MuteCards),
  • ‘All in one’ card solution platform and other card solutions customised to customer specifications for secure and sustainable card.

Did you know that CardLab are working in partnership with Innovation News Network? Check out their Partner Profile here: CardLab Innovation

CardLab is a Denmark based card development and manufacturing company with manufacturing partners in Asia and USA and own card lamination factory in Thailand. In collaboration with industry leading partners and suppliers, CardLab has developed sustainable and secure electronic card systems and production methods. CardLab offers unparalleled technical design and manufacturing support for card solutions including scalable security levels and existing infrastructure compatibility making implementation cost affordable for end users.

Learn more about CardLab and their mission to secure the cryptocurrency industry here:http://www.cardlab.com/

 

Want to keep connected with news from Innovation News Network? Subscribe now to our newsletter here.



Subscribe to our newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Featured Topics

Partner News

Latest eBooks

Latest Partners

Similar Articles

More from Innovation News Network