Hardware wallet creator KeepKey has integrated the second most valuable digital asset just in time for the busy shopping season.
Ethereum, with a market cap in excess pf $850 million, goes live on KeepKey devices Friday, Nov. 25.
Consumer demand dictated the move, KeepKey CEO Darin Stanchfield said.
“(Ethereum)’s a massive project with a huge following…The KeepKey and KeepKey Chrome Extension will be the first hardware wallet and application that supports Bitcoin, Litecoin, Dogecoin, and Ethereum in one single user interface.”
Ethereum cofounder Vitalik Buterin said the technology behind KeepKey is an important step as blockchain technology seeks wider public acceptance and use.
“User account security is one of the most important problems that must be dealt with for blockchain technology to achieve mass consumer adoption, and we highly welcome efforts like KeepKey that aim to solve this challenge.”
Ethereum support allows users to manage multiple Ethereum accounts with multiple addresses, use ShapeShift functionality to swap tokens, and maintain full recovery capability through the single KeepKey recovery sentence.
“With the rise of cryptocurrency came the rise of the hacker and the digital thief,” Mr. Stanchfield continued. “Ethereum users face the same security hurdles Bitcoin users face – it is very difficult to secure private keys and the stakes are often high. Using KeepKey makes Ethereum security simple. You can feel safe transacting without worrying if the computer you’re using has been compromised.”
In a release KeepKey said the global cryptocurrency market has doubled in value from $7 billion to $14 billion in 2016. As more entrants join the space, technology enabling the use of a variety of tokens becomes increasingly important.
KeepKey will be marked down to $79 for Black Friday only.