Japanese technical giant Sony, which has applied for several blockchain-related patents, announced a more concrete step into the crypto world this week. The corporation’s science division Sony Computer Science Laboratories (CSL) said on Tuesday that it had created a contactless digital asset hardware wallet.

The storing product uses the firm’s integrated circuit (IC) card-based radio frequency identification (RFID) system. The Japanese conglomerate claimed that its wallet is more secure than online (hot) storage as the product includes mutual authentication and encrypted communication.

“In online wallets such as cryptocurrency exchange websites or services, the private key is ma…

This article appeared first on Cryptovest

Like this: Like Loading...