Austrian State Printing House Subsidiary Introduces Crypto Hardware Wallet

Asia Blockchain Review
August 6, 2019

Youniqx Identity AG, a subsidiary of the Austrian State Printing House, announced in a press release issued on July 29 that it has developed a cryptocurrency hardware wallet called Chainlock.

More Security for Crypto Hardware Wallet

According to Cointelegraph, Chainlock is a device that can store private keys which enable access to cryptocurrency wallets. The manufacturer revealed that Chainlock has been built with the ability to generate the private key. Moreover, the device is highly secure, with resistance to outside elements such as heat and water.

Youniqx Identity AG revealed that the hardware wallet is available for sale from the company’s partners, such as Coinfinity in Europe and Tokenize Exchange in Singapore.

The firm also announced that the Austrian State Printing House, in operation for over 200 years, is an expert in identity document manufacturing that “implements and offers personalisation solutions for identity documents such as the highly secure Austrian passport.” 

International Companies Developing Hardware Solutions

Cointelegraph has also reported that Daimler, the German manufacturer of Mercedes-Benz, has joined European blockchain solutions startup firm Riddle & Code on a project to develop an open car hardware wallet solution.

Meanwhile, Siemens, a global company specializing in electrification, automation and digitalization, has demonstrated a keen interest in implementing blockchain-power solutions. Sources have also revealed that Siemens is looking into adapting blockchain platforms for the transportation industry.


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
GSMA Hong Kong Expresses Positive Outlook for Blockchain
Paul Ulrich, Senior Policy Manager of APAC, GSMA Hong Kong, revealed that developing countries acros...

August 22, 2019

India’s Reliance Jio Unveils Its Massive Blockchain Network
Reliance Jio will install across India one of the largest blockchain networks in the world “with ten...

August 22, 2019

Mosendo, the Final Piece of the Cryptocurrency Payments Puzzle
We kick off the interview series with Clayton Roche, the Head of DeFi with Mosendo and the community...

August 21, 2019

Escalating Protests in Hong Kong Reinforce Bitcoin’s Safe Haven Status
Demand for Bitcoin is surging as more people look to reliable safe haven currencies in the face of e...

August 21, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us