The digital asset security company Ledger today announced its new device, the Nano Gen5, priced at $179. The launch introduces the Ledger Nano Gen5 for digital identity, specifically designed for a world driven by artificial intelligence. This move signals a significant expansion beyond simple cryptocurrency custody, taking aim at human identity verification.
The announcement was made during the annual Ledger Op3n event in Paris. According to CEO Pascal Gauthier, the fifth-generation device seeks to meet the security challenges posed by AI. The Nano Gen5 will cost $179. It features a larger curved E-Ink screen than its predecessors and updated Bluetooth 6.0 connectivity. Furthermore, the wallet will integrate support for the new CL-Card standard. This standard allows users to securely manage verifiable credentials.
This launch marks a strategic shift for Ledger. The firm seeks to go beyond simple cryptocurrency storage. Gauthier emphasized that the challenge of the next decade is “proof of humanity.” The device addresses the growing risks of AI, such as deepfakes and sophisticated identity theft. The Nano Gen5 will provide secure hardware “attestation.” This allows users to cryptographically prove they are human in their digital interactions.
The context for this innovation is clear. As AI becomes more convincing, distinguishing between humans and machines is vital. Ledger is using its Secure Element chip technology as an anchor of trust. This approach transforms the hardware wallet into a personal identity device.
Will hardware wallets become the new digital passport?
Ledger’s move redefines the purpose of hardware wallets. They are no longer just for crypto investors. They are positioned as essential tools for the general digital economy. By focusing on identity, Ledger is competing in a much broader market. Other hardware security companies might be forced to follow this trend. The integration of identity could increase the mass adoption of this technology, making it relevant for anyone operating online.
The Ledger Nano Gen5 represents a necessary evolution. It responds to a digital landscape where trust is scarce. The battle for “proof of humanity” is intensifying. The industry will watch this device’s adoption in the coming months. Ledger is betting on being the security standard not just for assets. It also aims to be the standard for verified human interaction on the network.