Blockstream has just announced the launch of its Blockstream Jade hardware wallet, which allows users to store and safeguard Bitcoin and other digital assets issued on the Liquid Network.
In your place official website, Blockstream recently announced the launch of the hardware wallet Blockstream Jade, a physical device that allows the storage, management and custody of Bitcoin and other digital assets of the network Liquid Network, including the equivalent of the stablecoin Tether (USDT). It is an open source hardware wallet that users can use to manage their cryptocurrencies, easily, reliably and safely.
The company's new wallet guarantees users absolute control over their transactions. private keys of their Bitcoin and Liquid Network assets, which will remain offline at all times. Likewise, this physical device also allows users to enjoy greater security for the safe storage of their assets, thanks to the implementation of the technology Multisig Shield de Blockstream Gree, a cross-platform wallet created by Blockstream to ensure security, convenience and ease of use at all times. In addition, this wallet integrates a multi-signature system and two-factor authentication (2FA) via email and SMS to increase user security.
For now, Blockstream's new device only supports Android, although the developers say they will integrate iOS and desktop support in the near future.
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Strong competition in the markets
The features offered by Blockstream's new hardware wallet allow it to offer an innovative product that competes with other companies, such as Ledger and Trezor, which are the big players in this industry. However, one of the disadvantages that Blockstream's hardware wallet has compared to these devices is that it only supports Bitcoin and Liquid Network tokens and assets, while Ledger and Trezor's hardware wallets offer multi-currency support.
Jade also offers support for full integration with Ledger and Trezor devices, combining the best of both worlds, such as cold storage of your private keys, and Green’s full suite of features and multi-signature security.
Blockstream's Jade wallet also features a 16-bit full-color display, allowing users to clearly view cryptocurrency sending and receiving addresses, and all transactions made from the physical device with ease, so users can carry out their transactions with complete confidence. This hardware wallet also allows for full transactions using only QR codes.
Adam BackBlockstream CEO said that having its own physical wallet will help the company implement new advanced features this year that will make it easier for users to send and receive bitcoins from anywhere in a fluid manner.
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