Sony has announced new contactless hardware crypto wallet.
The R&D department of the global conglomerate Sony – Sony Computer Science Laboratories – reported about the development of new crypto wallet based on smart-card technology for communication with the cryptocurrency network.
The company noted that their project has a strong advantage against other wallets – it does not require USB connection.
"The IC card type hardware wallet is small, portable and useful, unlike typical existing hardware wallets that connect to PCs via USB," reads the press release.
According to the released information, IC card module stores encrypted private keys, while users can manage private keys for personal data use via blockchain.
The Japanese giant has been active in the blockchain sector for the past few years. It offers its own blockchain instruments.
"This IC card-type cryptocurrency hardware wallet technology not only manages the private keys used for cryptocurrency transactions but also manages private keys used for other purposes, such as those for permitting the use of personal information using blockchain technology," as the press release said.
However, the company is yet to announce the dates of commercial production.