Blockchain And Ledger Partner On Lockbox, Hardware Crypto Storage Device

Blockchain And Ledger Partner On Lockbox, Hardware Crypto Storage Device

Blockchain, Innovation, Investing, News | October 25, 2018 By:

Blockchain, a software provider for cryptocurrency, has partnered with Ledger, the cryptocurrency and blockchain security firm, to create a custom hardware device, Blockchain Lockbox.

The device is exclusively compatible with the Blockchain Wallet. The Blockchain Lockbox offers a hardware and software integration that makes storing crypto offline secure for Blockchain users.

As individuals look to diversify how they manage their crypto assets, using a hardware wallet is an alternative that allows them to store a portion of their crypto offline. The Lockbox offers Blockchain’s nearly 30 million users a tailored end-to-end solution that harnesses Blockchain’s non-custodial software along with Ledger’s expertise in hardware security.

“The Lockbox is a reflection of what our companies both do best,” said Peter Smith, CEO and Co-Founder of Blockchain. “We’ve created an elegant software and hardware integration that offers more functionality than previously existed in our space. We’re thrilled to offer the Lockbox to Blockchain users so they can easily manage their funds online and offline seamlessly.”

“With stories about crypto hacking continuing to dominate headlines, it’s obvious that security must be top of mind for all stakeholders in the crypto space,” said Pascal Gauthier, president of Ledger. “With the combined forces of Blockchain and Ledger, users are truly getting the best of both worlds. Our partnership with Blockchain is the first of its kind, but as two companies hyper-focused on crypto security, it’s one that’s a natural fit.”

The Blockchain Lockbox is available for pre-orders beginning October 25th with deliveries beginning in mid-November. Early customers will receive the special edition blue version of the Lockbox and existing Ledger customers will be able to pair their Nano S devices to the Blockchain Wallet and benefit from the added functionality and ability to trade.

To order a Blockchain Lockbox visit www.blockchain.com/lockbox.