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Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
Coinvest Announces Premium Hardware Wallet with Innovative Design and Architecture to Securely Store Cryptonized Assets

Coinvest Announces Premium Hardware Wallet with Innovative Design and Architecture to Securely Store Cryptonized Assets

Bitcoinist
by Bitcoinist
Last Updated: April 4, 2018 11:28 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Coinvest hardware wallet complements the Coinvest decentralized investment trading platform and offers a single integrated solution to securely invest and store cryptonized assets.


DALLAS, TX – Coinvest, an emerging blockchain startup comprised of Microsoft alumni, is announcing the details of their hardware wallet that offers consumers a secure end-to-end solution to complement the Coinvest decentralized investment trading market for cryptocurrencies.

The Coinvest hardware wallet offers state-of-the-art design and architecture featuring:

  • A cryptographic coprocessor with secure hardware-based key storage supporting the ECDH (Elliptic Curve Diffie Hellman) security protocol to provide encryption/decryption
  • Linux operating system using a SAMA5D2D pre-PCI certified processor
  • 3” LED backlit full touchscreen display with 480×272 resolution
  • FIDO/U2F support to use COIN wallet as a security token for two-factor authentication
  • A single USB-C connection with support for authenticating desktop and mobile devices
  • A dedicated screen and ECDSA (Elliptic Curve Digital Signature Algorithm) sign-verify authentication to protect consumers even if the host computer is infected with a virus or malware
  • Support for Bitcoin, Bitcoin Cash, Ethereum, ERC20 tokens, and more

Unlike current solutions on the market that leverage pure MCU-based solutions such as the Ledger and Trezor, Coinvest has chosen a pre-PCI certified processor to mitigate the security risks that competing platforms possess, while maximizing graphics capabilities for an experience that is second-to-none. The wallet also has a single USB-C connection with support for authenticating desktop and mobile devices. With premium materials and a size equivalent to a credit card, the Coinvest wallet provides consumers an all-in-one portable personal security solution in a strikingly beautiful design.

The Coinvest hardware wallet integrates with the Coinvest investment trading platform to offer an end-to-end solution to securely invest and store cryptonized assets. In addition to the storage of popular cryptocurrency protocols such as Bitcoin and Ethereum ERC20 tokens, the wallet will have an integrated password management application and FIDO/U2F support to use the wallet as a security token for two-factor authentication. The Coinvest wallet development API will empower developers to build secure apps to use with the wallet as well as offer compatibility with other leading wallet solutions such as MyEtherWallet, MyCrypto, and more.

Alongside the hardware wallet, Coinvest will be offering a case for device protection. The hardware wallet case features three slots to hold credit cards with one slot as an option for the modular money clip. Two fitted magnetic slots secure the hardware wallet and travel cable in place. The case features a variety of premium textures and colors to fit all personal styles. The combination of the Coinvest hardware wallet and case offers a single solution to carry cash, credit cards, and cryptocurrency together in a package slightly larger than the size of a credit card.

Coinvest is partnering with leading hardware and security firms, Cardinal Peak and Cryptronix, to bring the wallet to market by early 2019. The Coinvest wallet will retail for $249 and only be available for purchase using the Coinvest COIN token direct from the Coinvest website. For more information, visit https://wallet.coinve.st.

Coinvest’s token sale is currently live and closes this Friday, April 6 at 9:30 am CST. For more information and to participate, visit https://ico.coinve.st/.

About Coinvest

Coinvest is a blockchain technology company focused on developing solutions to democratize cryptocurrencies and bring them to the masses. The company’s mission is to create decentralized tools for the world to seamlessly and securely invest and use cryptocurrencies. Coinvest is lead by a team of Microsoft alumni and prominent advisors Tony Scott, former CIO of the US Government, VMWare, and Microsoft as well as Pete Cashmore, founder of Mashable. Coinvest is one of the only blockchain companies in the world registered with the United States SEC and FinCEN. For more information about Coinvest, please visit:  https://coinve.st.


Images courtesy of Coinvest

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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