Chaine Finance and Arculus Launch Secure Hardware Cold Wallet for Digital Assets

03/16/2023 09:01 • Crypto & Markets • 81 views

According to official news, Chaine Finance has partnered with Arculus of CompoSecure to launch a self hosted hardware cold wallet aimed at providing secure and easy-to-use protection measures for digital assets. Arculus hardware cold wallet uses the best CC EAL6+security components, and multiple hardware-based authentication ensures the security of private keys. Communicate with Chaine Wallet via encrypted NFC connection to achieve touch trading without using Bluetooth, USB, or other data cables.

Chaine Finance and CompoSecure Cooperate to Launch Self Managed Hardware Cold Wallet

Analysis based on this information:

Chaine Finance, a leading digital asset management platform, has partnered with Arculus, a technology company that provides high-security hardware solutions, to launch a self-hosted hardware cold wallet. The main objective of this partnership is to provide a secure and user-friendly option for investors to protect their digital assets.

In a world where cyberattacks and hacking incidents have become increasingly common, having a safe place to store digital assets has become a priority for many investors. Cold wallets are considered to be the safest option for storing digital assets as they operate offline and are protected by multiple layers of security.

The Arculus hardware cold wallet is equipped with CC EAL6+ security components, which is considered to be the highest level of security certification in the industry. The wallet uses multiple hardware-based authentication methods to ensure that private keys are safe and secure. This level of security is essential when dealing with cryptocurrencies and other digital assets, as the loss of private keys could result in the loss of funds.

One of the standout features of the Arculus hardware cold wallet is its encrypted NFC connection. Unlike other wallets that use Bluetooth, USB, or other cables to connect, the Arculus wallet uses an encrypted near-field communication (NFC) connection to communicate with the Chaine Wallet, ensuring that transactions remain secure at all times. This also allows for touch trading, making it easy for investors to carry out transactions without having to worry about the risk of data interception.

Overall, the Chaine Finance and Arculus partnership provides a secure and user-friendly option for investors looking to protect their digital assets. As cryptocurrencies and digital assets continue to gain popularity, it is crucial to have a reliable and secure place to store them. The Arculus hardware cold wallet offers a high level of security, ensuring that investors can have peace of mind knowing that their digital assets are protected.

In summary, the Chaine Finance and Arculus partnership launch a secure hardware cold wallet for digital assets. The wallet offers high-level security with CC EAL6+ security components and multiple hardware-based authentication methods. Its encrypted NFC connection ensures secure transactions without the use of Bluetooth, USB, or other data cables. Overall, this partnership aims to provide investors with a secure and user-friendly option for protecting their digital assets.

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