BitSIM Adds a Secure Hardware Wallet to Any Phone

One of the main concerns people have regarding Bitcoin payments is the fact that you always need an Internet connection in order to broadcast transactions to the network. For most of us in the western world, this is not a problem. But in the areas where Bitcoin could do some good — like Africa, and South America — Internet connectivity is scarce, which creates an issue. bitSIM wants to make Bitcoin and blockchain transactions available to anyone anywhere at any time. As the name suggest, bitSIM is a way to put bitcoins on any SIM card, regardless of what mobile phone you are using. If....

It has always been a source of immense pride for me to have been part of the group of conference participants who were there at the initial launch of M-Pesa, back in 2006. Indeed, when I look at what M-Pesa has been able to do in the financial and technological sectors in Kenya, and then Africa, I feel a sense of pride to have been there at the dawn of a financial revolution. Introducing the zSIM. However with the arrival of the zSIM from bitSIM, it now seems that even M-Pesa must now give way to this new kid on the block. bitSIM has announced the release of a new thin card that can be....

In one of our previous articles, we have discussed about mobile payments and how its adoption is years behind schedule. We also discussed the need for new mobile banking and payment technologies to address not just the developed market, but also the developing markets. If these mobile based services are capable of running on any mobile phone, it can make a huge difference to both the company and the customers alike. It looks like we are reaching there sooner than expected. Following the success of M-Pesa and BitPesa, there is a new kid on the block aiming to revolutionize Bitcoin storage....

CryptoLabs, a new Bitcoin technology development startup, launched a hardware Bitcoin wallet that allows users to store buy, send, sell and receive the digital currency, TechCrunch reports. CryptoLabs founder Melanie Shapiro the pursuit of security has created complexity and led to an extremely cumbersome experience, destroying any incentive for the average user to adopt Bitcoin. She adds: "Security and ease-of-use are a huge problem in the bitcoin space. We are the most secure option because we're a piece of dedicated hardware. We use multi-sig authentication. There are three keys and....

Recently, leading Bitcoin hardware wallet manufacturer, Ledger, introduced Bitcoin wallet technology which directly stores user data and sensitive information in the TrustZone. Secure CPU. The wallet interface, developed by Ledger, allows users to load its bitcoin wallet into the secure chip as the TrustZone chip begins the process of generating HD private keys. Like any secure hard wallets, the keys never leave the TrustZone chip, eliminating the possibility of a data breach or a hacking attack. ARM processors are 32-bit microprocessors that have been developed by Advanced RISC Machines,....