Jack Dorsey’s Block Building Crypto Wallet
Block, the former Square-led tech business run by Twitter co-founder Jack Dorsey, is working on Bitkey, a cutting-edge crypto key product. The new hardware is likely to be released later this year.
Bitkey is a hardware-based crypto key product that also functions as a self-custody wallet. It’s not your standard mobile app, but rather a physical piece of hardware that you can grasp in your hand, and it’s designed to give you complete control over your digital assets.
Users can buy Bitcoin on a cryptocurrency exchange and then deposit it into their Bitkey wallet. From then on, any transaction or transfer that exceeds a predetermined limit must be approved on the Bitkey device.
(With inputs from Shikha Singh)
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