A secure digital currency hardware manufacturer – CoolBitX – just announced the release of its worldwide much-admired CoolWallet S in the U.S, boosting secure digital currency storage among mainstream audiences. The firm also announced its partnership with the Litecoin (LTC) Foundation and they plan on opening an office in the United States to further expand their presence in America.
So far, CoolBitX is backed by funding of $13 million, including a major investment by SBI Holdings – a FinTech giant in Japan which was earlier known as SoftBank Investment. CoolBitX is the first secure cold storage solution for digital currency holders. Until this moment, users have relied on cumbersome hardware solutions and insecure software wallets.
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The Feature of CoolBitX
- E-ink display
- Physical confirmation button
- Bluetooth connectivity
- Secure cold storage
- Two-way authentication security
- CoolBitX native Android and iOS application.
The Partnership of CoolBitX and Litecoin (LTC) Foundation
The new partnership of CoolBitX and the Litecoin (LTC) Foundation brings the creator of Litecoin (LTC) – Charlie Lee – as an official CoolBitX advisor. Together, Litecoin (LTC) Foundation and CoolBitX will launch a co-branded CoolWallet S which will only be sold during the Litecoin (LTC) Summit and on the website of the Foundation.
This will give CoolBitX access to the enormous userbase of Litecoin (LTC) Foundation. Besides, Charlie Lee brings his idealistic expertise in scalability as well as his mission to achieve mainstream adoption of digital currencies to the partnership. In return, CoolWallet S will be a customer-friendly device that will help the digital currency go mainstream as a global payment tool.
Charlie Lee said that “The CoolWallet S is one of the best hardware digital currency wallets he has ever seen.” He added that the wallet has one vital feature that is missing from other hardware wallets – ease of use. Lee said that the wallet combines the ease-of-use of mobile wallets and the security of hardware wallets – a very important step towards mass adoption.