Ledger has announced a new Bluetooth-enabled Nano X device as part of its efforts to enter the mobile market.
The cryptocurrency wallet company made this revelation on Sunday at the annual Consumer Electronics Show (CES) in Las Vegas.
Ledger’s hardware wallets have led a revolution in how cryptocurrencies are stored especially with its USB sized Ledger wallet.
Ledger Enters Mobile Market
A major problem with the adoption of hardware wallets is the need for a laptop or desktop computer in order to assess the functionality it brings.
The Nano X will allow users to pair their hardware wallets with their mobile devices. Eric Larchevêque – CEO at Ledger described the new device as one that delivers mobile and state of the art security.
With its Bluetooth connectivity and increased capacity, the Ledger Nano X provides an enhanced user experience while delivering the mobility and state-of-the-art security that customers expect from Ledger. It is exciting to be recognized by CES as the go-to leader for securing crypto assets.
The Ledger Live App will make this possible as it will act as the interface between the Nano X and the mobile device. The Ledger Live App is currently available for Windows and iOS users but Android users will be able to download it on the Google Play Store from January 29th.
Eric Larchevêque also expressed that the release of a mobile application marks a big evolution for the hardware wallet maker.
The fact that we have a mobile application and it works with the Nano X is really the big evolution of the hardware for this lineup.
Ledger also received the CES Innovation Award in Cyber Security and Personal Privacy for the new Nano X will support over 100 cryptocurrencies.