The wallet’s key feature is its use of dynamically generated private keys that are never stored. The system needs to be downloaded on both the user’s smartphone and PC, with a Bluetooth connection enabling communication between the apps. The user must undergo a fingerprint scan on the mobile device in order to generate a private key, ensuring that the PC application also benefits from biometric security.
At launch, the Embedded Vault will be capable of storing Bitcoin, EOT Coin, and EOT Token cryptocurrencies. Moreover, Embedded Downloads is aiming to develop wallets supporting Bitcoin Cash, Ethereum, and Waves as well.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright