Early yesterday afternoon, a spokesperson for Ledger— one of the world’s premier crypto wallet manufacturers— announced at the annual Consumer Electronics Show (CES) in Vegas that his firm was all set to launch its new Bluetooth-enabled Nano X device.
As a result of its new bluetooth functionality, the Nano X can now be synced with mobile phones with the touch of a button. This feature has been much requested by customers over the past year or so— since most altcoin holders make use of mobile computing options to satisfy their digital currency needs as compared to laptops or desktops.
In regards to the matter, Ledger CEO Eric Larchevêque, was recently quoted as saying:
“The fact that we have a mobile application and it works with the Nano X is really the big evolution of the hardware for this lineup,”
A More In-Depth Look At The NanoX Wallet
As mentioned earlier, NanoX has been designed to seamlessly connect to digital smartphone devices through the use of Bluetooth technology. As a result of this, it is now possible for customers to obtain all of the security benefits that come with a hardware wallet along with the form factor of one’s very own mobile phone.
In terms of its pricing, Larchevêque did not readily commit to an exact value for the NanoX. However, he did say that as and when the device goes live for commercial purchase, the price of NanoS will be reduced.
According to market data available on the internet, more than 1.3 million Nano S units have been sold across the globe (making it one of the most popular altcoin storage units in the world).
Last but not least, it is also worth pointing out that the NanoX will come with a slightly bigger screen since there are many new features that have been added to the unit. Also, Ledger’s Live mobile app will also be made available for download on Google Play and iTunes later this month (by Jan. 16).
Will the New NanoX Support A Whole Host Of Novel Apps?
According to Eric Larchevêque, since the crypto market has evolved so significantly over the past year or so, to maintain their high security standards, Ledger has decided that “each individual altcoin protocol” will come with its very own app for sending and receiving coins.
On the matter, Larchevêque added:
“We have lots of third-party developers who are developing applications. We want to make sure that these applications can only sign transactions for their own private key.”
Other key aspects of NanoX worth bearing in mind include:
- Owing to its advanced security measures, it is no longer possible for customers to accidentally sign a transaction to the wrong protocol.
- The device can store apps for up to 100 crypto assets.
Even though the annual CES summit is by no stretch of imagination a crypto-oriented event, the reception that the NanoX has received at this years gathering just goes to show how massive the crypto movement has become over the past few years. To further elaborate on this point, we can see that the folks over at CES presented the Ledger team with the “Innovation Award in Cyber Security and Personal Privacy” for their NanoX device.