Dawei Yuan, CEO of ColdLar, spoke about blockchain assets security at the Block Co+ Tokyo Conference 2018 ColdLar Follow Jul 10, 2018 · 2 min read

ColdLar CEO, Dawei Yuan delivered a speech at the Block Co+ Tokyo Conference on June 29.

ColdLar is a blockchain technology company based in China that provides blockchain digital asset security storage solutions for professionals.

During this year’s conference, Dawei introduced the current situation of crypto currency assets security and introduced the ColdLar security solution. With more and more exchange platforms being hacked, both users and the market are paying more attention to security storage of crypto assets.

ColdLar actually offers the world’s first mobile hardware cold wallet, designed with a complete operating system and user-friendly interface.

ColdLar actually works as a calculator instead of a storage. With the seed password and payment password, the ColdLar wallet will calculate the private key by algorithm whenever the private key is needed. After that, the private key is gone.

To ensure the highest level of security, the Coldlar hardware wallet is designed to work completely disconnected from the Internet. Communications between the hardware wallet and the APP are made through QR codes, which guarantees keycode security and eliminates the risks of being hacked.

ColdLar users can have the peace of mind that comes from knowing their crypto assets are securely stored offline rather than on an internet or computer-dependent device.