BitBox SteelWallet Durable Seed Phrase Storage: FinTech Security Solution Update
May 9, 2023
Cryptocurrency security accessory retailer The Crypto Merchant updates its product line, now offering the BitBox SteelWallet backup tool.
Daytona Beach, United States - May 9, 2023 /PressCable/ —
The new kits include two stainless steel plates and an automatic punching tool, allowing users to store 12, 18, or 24-word backup phrases in line with BIP-29 standards. Given the ability of stainless steel to withstand acid, fire, water, and impacts, the SteelWallet offers a highly durable way for FinTech companies and investors to protect recovery seed phrases.
More details can be found at https://www.thecryptomerchant.com/
The Crypto Merchant explains that cryptocurrency is inherently technology-based, which remains vulnerable to environmental or other forms of damage. With the introduction of the SteelWallet backup tool, the firm offers a low-tech solution to a modern requirement.
While acceptance of cryptocurrency in the consumer market has been relatively slow, a recent report from Analytics Insight highlights the growing importance of crypto for FinTech organizations. The Crypto Merchant points out that, while the speed and transparency of crypto transactions make them attractive for FinTech businesses, organizations are still faced with the challenge of securing private keys. With the recent addition of the BitBox SteelWallet, the firm offers a durable and easy-to-use option that can then be kept in a secure location.
Recording of seed phrases on the SteelWallet is carried out using the included punch tool, which makes a permanent impression on the corresponding steel plates. For additional security, The Crypto Merchant also suggests the use of tamper-evident bags, also available via the firm’s web store.
“The SteelWallet is made by Shift Crypto, a leader in high-quality, secure crypto storage devices,” a company representative explained. “The steel tool can withstand all sorts of conditions, protecting confidential information. Stainless steel is corrosion-resistant, waterproof, and resists radiation. It is even impervious to fire.”
About The Crypto Merchant
Founded in 2017, The Crypto Merchant set out to become the leading source of crypto-related security products. Now an authorized retailer for some of the industry’s leading brands, the company offers a wide selection of hardware wallets and accessories, with USA-based customer service ensuring high levels of advice and support are offered across the full line.
Interested parties can find more information by visiting https://www.thecryptomerchant.com/collections/hardware-wallets/products/bitbox-steel-wallet/
Contact Info:
Name: Mark Venables
Email: Send Email
Organization: The Crypto Merchant
Address: 609 South Ridgewood Avenue, Daytona Beach, FL 32114, United States
Website: https://www.thecryptomerchant.com/
Source: PressCable
Release ID: 89097178
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
More News
Meghan Markle's brother reacts to father's denial of allegations
Meghan Markle's brother reacts to father's denial of allegations Meghan Markle's half-brother Thomas Markle Jr. has reacted to his father Thomas Markle Sr. denying allegations of possessing child pornography.Thomas Jr., 60, had alerted police and FBI to his alleged discovery of...
Dalton Smith vs. Alberto Puello Livestream: Here’s Where to Watch the WBC Junior Welterweight Title Boxing Match Online
In a title fight, promoter Matchroom Boxing sets up in England for an elite match between two prime boxers. In the main event, English boxer Dalton Smith defends his WBC junior welterweight championship title belts against Dominican Alberto Puello. It’s a scheduled for 12 rounds. On Saturday, Oct. 24, Smith (19-0-0) vs. Puello (25-1-0) takes […]
Meghan Markle acknowledges mistake after Met Police issues statement
Meghan Markle acknowledges mistake after Met Police issues statementA day after saying she has received a letter regarding allegations made about Thomas Markle, Meghan Markle has acknowledged she may have been "mistaken by a few months".It comes after the police said on Saturday it had received a...
Larry Mathews gets honest about his struggles after 'Dick Van Dyke Show'
Larry Mathews gets honest about his struggles after 'Dick Van Dyke Show'Larry Mathews recently got candid and opened up about his struggles after playing a role in The Dick Van Dyke Show.For those unaware, the 71-year-old American actor played the role of Richie Petrie in the American sitcom...
‘Love Language’ Review: Chloë Grace Moretz Sells Words of Affirmation in an Old-School Romcom With Gen-Z Trappings
Much has been written on the new dating politics practiced by Gen-Z — more progressive socially, more conservative sexually, if you believe the hot takes, which you probably shouldn’t. Either way, that sensibility has yet to trickle down to mainstream portrayals of Zoomer romance on screen, which remain largely beholden to templates established by previous […]
Chris Pratt addresses 'most important thing' he will pass on to kids
Chris Pratt addresses ‘most important thing’ he will pass on to kidsChris Pratt has talked about what he considers is the “most important thing” that he’ll pass down to his kids.The Terminal List star is dad to 14-year-old son Jack with ex-wife Anna Faris, and Lyla,...
Sacha Baron Cohen addresses his support for 'underestimated' Donald Trump
Sacha Baron Cohen addresses his support for ‘underestimated’ Donald TrumpSacha Baron Cohen believes that Donald Trump possesses "elements of brilliance" arguing that critics have routinely "underestimated" the US president.The 55-year-old actor sat down with the politician in character...
Why Taylor Swift, Travis Kelce's Royal Family Pic Almost Didn't Happen
Prince William once had a bone to pick with Taylor Swift’s lover Travis Kelce. After all, the Prince of Wales revealed the iconic 2024 photo where he and his kids Prince George, 13, and Princess...
Jeremy Renner Makes Rare Red Carpet Appearance With 13-Year-Old Daughter Ava in Rome
Jeremy Renner is enjoying some father-daughter time in Italy! The 55-year-old Hawkeye actor made a rare public appearance with his […] The post Jeremy Renner Makes Rare Red Carpet Appearance With 13-Year-Old Daughter Ava in Rome appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Anika Rashaun Dies: ‘Real World’, ‘The Challenge’ Alum Was 34
Anika Rashaun, the Reality TV star who appeared and competed on MTV’s The Real World and The Challenge and later became a professional matchmaker, advice columnist and dating coach, died October 1 of breast cancer. She was 34. Rashaun’s death was announced by friends on social media. Cyndi Rich wrote on Facebook, “Anika shined so […]
Today's Fandom 4x4 Is About To Expose How Much Character Lore You Actually Remember
Some of these characters are hiding a lot more than you'd expect, so don't underestimate the ones you recognize. View Entire Post ›
An NYC Shopping Editor’s Top Warm Socks for Winter Boots & Shoes
Judging by last winter, we're feeling pretty confident that we're gonna need thicker socks this upcoming season. While you might still be wearing your normal socks from the summer, boot season...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.