VaultTel to Release SIM-Card Sized Cold Wallet

The device is interesting due to  AES 512 block encryption algorithm, biometric authentication and its form
06 March 2019   391

American startup VaultTel presented a tiny hardware cryptowallet, which should inserted into a slot for a SIM-card of mobile phones, Finance Magnates reports.

According to company representatives, the new device combines the VaultTel App and a special chip, the task of which is to store private keys on devices that support biometric authentication systems.

Biometric authentication provides interesting feature - transactions on a smartphone can be performed only by its owner. Also, as an additional security measure, users can link a chip to a single device or a specific region.

The solution uses the AES 512 block encryption algorithm, while on most cryptographic platforms, AES 256 and lower are used.

The device is already available to US residents for pre-order: the VaultTel version for Android costs $ 98, the iOS kit costs much more - $ 131. According to representatives of the startup, soon residents of EU countries will be able to buy a new device.

In January Ledger introduced a hardware wallet with Bluetooth support, which is an improved version of the popular model Nano S.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.