Parity Technologie has announced the beta of the application – Parity Signer 2.0. The new app is designed to store and sign transactions of digital assets autonomously via private key.
With the new version, the project team has updated the app's interface, though now an old cell phone can become a hardware wallet.
"Parity Signer lets you generate, store, and safely sign transactions with your private key on devices that never connect to the internet," stated the company in the report.
According to the press release, the application will come for the following networks: Ethereum, Ethereum Classic, Ropsten and Koval. As a result, users will be unable to sign transactions for other networks.
For now, Parity Signer 2.0 Beta can be downloaded in App Store/Google Play. Notably, the users will receive message all the time when the device connects to the internet. As for extra features, the app 2.0 can be synchronized with MyCrypto wallet via QR-code.
The company spokesperson commented:
"We believe the design makes this one of the most secure ways to store your Ethereum assets. However, we recommend using Parity Signer with caution by following the official instructions and only storing small amounts on it. "
Users should also take into account that as this is just an experiment so far, the company recommends "using Parity Signer with caution by following the official instructions and only storing small amounts on it."