Cryptocurrency Cold Wallet Released By State Printing House OF Austria

A subsidiary of the State Printing House OF Austria, Youniqx Identity AG has released the cryptocurrency cold wallet, reported on 29 July 2019.

According to the report,  The US cybersecurity company CipherTrace had reported about the theft on digital currencies approximately $1.2 billion during the period of January to March 2019 in just one time.

So, in order to protect the cryptocurrency users of the state, a hardware wallet named Chainlock is released by the State Printing House that provides the offline storage of private keys with allowing access to cryptocurrency wallets.

The offline stored private keys never disclosed and the only user can know the key if there is a necessary situation that occurred.

Chainlock will also be useful in order to store the tokens of STOs pursuing a retail strategy.

Previously, World’s first crypto stamp has been launched by the post-service of Austria country.

Last Month, Steel company Alukönigstahl of Austria is planning to develop a steel trading database system using blockchain technology. 

Recently, Opera Browser Becomes the First iOS Browser with In-Built Crypto Wallet.

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