Ledger Announces Latest Hardware Wallet for NFTs

Hardware wallet — physical devices used for the secure storage of crypto assets — supplier Ledger unveiled its new product which is specifically designed for NFTs. Ledger Nano S Plus, the next generation of its original Nano line, is the sixth hardware wallet to come from Ledger since 2015 when it introduced its HW1. It is likewise, the first wallet to be released since the Ledger Nano X came out in 2019.

The Nano S Plus features the company’s latest “clear signing” technology through Ledger Live, geared to focus on providing a safe user experience for Web3 customers. “Ledger Nano users have always been able to store NFTs on their devices through partners, on the Ledger Nano X, and now Ledger’s software application Ledger Live prioritizes NFT support where users can view their NFTs in Ledger Live and securely transact through clear signing,” explained chief experience officer Ian Rogers.

Through this new technology, Ledger hopes to eliminate the risks of “blind signing” by providing all the details of a transaction made by the owner. Charles Guillemet, chief technology officer at Ledger, cautioned users about blind signing — which is consenting to a potentially risky transaction without prior understanding — just last month after OpenSea was attacked by a phishing scam in February.

Also in March, Ledger previously released 10,000 limited edition devices of its Nano S Plus which was available for pre-order at $79 apiece. The company is among the world’s largest providers of hardware wallets, selling over 4.5 million devices since it launched in 2014. Its products include HW1, Unplugged, Blue, Nano S, Nano X, and Nano S Plus, but production of the firm’s first three iterations has been halted.

Source: CoinTelegraph