The payment service 'Block' led by Twitter founder Jack Dorsey has started shipping the Bitcoin hardware wallet 'Bitkey', with a price of about 22,000 yen, including an app, recovery tool, integration with Cash App and Coinbase, etc.
Shipments of Bitkey , a hardware wallet that allows you to store Bitcoin outside of exchanges, have begun. Bitkey is a tool that allows you to manage your Bitcoins in conjunction with a mobile app, and includes features that allow you to regain access to your funds even if you lose your device. It is sold for $ 150 (about 22,000 yen), but it cannot be purchased with Bitcoin.
Bitkey starts shipping today
Bitkey: Self-custody bitcoin wallet
https://bitkey.world/en-US/products/bitkey
How Bitkey works - YouTube
Bitkey is a small hexagonal piece of hardware that allows you to store your Bitcoins inside Bitkey. The materials are artificial marble Corian and stainless steel. Equipped with NFC, it can communicate with iOS or Android, and charging is done through the USB Type-C port.
Bitkey is said to be able to manage funds in conjunction with apps and send and receive Bitcoins around the world. You can also transfer and purchase Bitcoin through our partnership with Cash App and Coinbase.
If a user deposits funds on a virtual currency exchange, there is a possibility that they will not be able to access the funds if the exchange closes, but by storing them in Bitkey, such risks can be avoided. That's one of the advertising slogans.
It also has an access recovery tool, so even if you lose both Bitkey and your smartphone, you can get your funds back again. It is also said that the same applies even if the Bitkey team disappears.
Bitkey costs $150. At the time of writing, only debit and credit cards are accepted for payment, but additional payment options will be introduced in the future. According to the store page , it appears that they can ship to a wide range of regions, including America, Southeast Asia, and EMEA (Europe, the Middle East, and Africa), but Japan is not eligible.
Bitkey was developed by Block, a payment service that originally appeared under the name Square. The organization was founded by Jack Dorsey, and at the time of writing, Dorsey was still the CEO, and the company recently fired up to 10% of its employees because the company had become too large for its business. There are news reports that it is planned.
Twitter founder's payment company 'Block' has started a plan to reduce its workforce by 10%, says Jack Dorsey, 'The company has become too large for the growth of the business' - GIGAZINE
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in Hardware, Posted by log1p_kr