Austrian State Printing Company has issued a cryptocurrency hardware wallet

The YOUNIQX Identity division of Austria’s state-owned printing house, which has been around for 200 years and has been printing passports, has issued a hardware cryptocurrency wallet called Chainlock. This is reported in the press release of the company.

According to the developers of Chainlock, hot wallets are a "serious security threat" for cryptocurrency owners, since attackers can in one way or another seize access to the wallet remotely.

In YOUNIQX, it was noted that the interaction with their wallet is 100% offline, and no one can access the user's private keys, including company employees.

At the same time, the wallet can be managed using the application. Chainlock itself is in the form of a credit card.

Recall that last week, blockchain-startup Civic Technologies announced a partnership with technology company BitGo, in which a new wallet for Bitcoin and other digital assets will be developed, promising anonymity of users.

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