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Bracelet Allows Consumers To Safely Store Cryptocurrency

Bracelet Allows Consumers To Safely Store Cryptocurrency
Banks, Insurance & Financial Services

Design studio Layer created a stylish accessory meant to make digital currencies more practical and secure for everyday use

Todd Neikirk
  • 7 june 2018

As cryptocurrency grows in popularity, owners of the currency have found it difficult to keep track of and manage. Stored online, it is also susceptible to being hacked. Layer design studio, led by technologist Benjamin Hubert, has come up with a product that allows users to take digital currencies out of the ether and onto the wrist.

The product, Trove, is a coin-shaped device that can be worn in a bracelet or necklace, and activated through an app. According to Hubert, “Users unlock the Coin using their ECG signature—a biometric method of verification that recognizes a user’s unique heartbeat pattern—by touching the contact zone on the front.” Instead of having to remember complex passwords, as with other crypto wallets, the signature is unique to the user and impossible to forget.

Trove makes the cryptocurrency more difficult to hack by storing the information offline on the hardware rather than online. It is also packaged in an attractive and subtle design. Trove is one solution to making digital currencies more accessible for everyday use. The product is currently in the prototype stage.

Trove

+Bracelet
+cryptocurrency
+Design
+Fashion
+financial services
+hacking
+retail
+technology
+wearables

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