SINGAPORE, November 23, 2018 (Newswire.com) - Blockchain security specialist 5M Holdings has signed an agreement with FEITIAN Technologies to become the distributor for its latest product JuBiter Blade Cryptocurrency Wallet. The distribution agreement will allow 5M Holdings the license to distribute JuBiter Blade in the Asia Pacific, Middle East, and African Regions.
Due to many cryptocurrency exchange hacks that happened over the past few years which led to the increase in awareness of the importance of keeping private keys safe, the demand for cryptocurrency hardware wallets has been at an all-time high.
FEITIAN Technologies’ cryptocurrency wallet JuBiter Blade is the latest secured cold storage hardware wallet to enter the market. JuBiter Blade will be the first hardware wallet that is designed to be in a form of a card that can be kept in an everyday wallet. The new hardware wallet is slim, simple and extremely secure for storage of Bitcoin, Ethereum and many other cryptocurrencies.
Security is always the top priority for FEITIAN Technologies. JuBiter Blade is built with the strict considerations of security in every step, using CC EAL6+ Secure Element running with secure Java OS, coupled with Hardware RNG generated wallet seed that never leaves the secure element. Its built-in OLED display is directly connected to the Secure Element which no malicious modification can be made between them, and transactions can be made over USB or Bluetooth. The restoration process is also BIP32/BIP39/BIP44 compliant and is conducted completely offline.
JuBiter Blade currently provides a mobile application that allows users to integrate as a management tool for the hardware wallet or simply use it as a software wallet. With the JuBiter mobile application available on Android and iOS, users can easily make transactions whenever and wherever with mobile devices.
JuBiter Blade cryptocurrency wallet will be available for pre-order from 1 December 2018. Interested resellers can contact 5M Holdings at firstname.lastname@example.org for more information.
5M Holdings is a blockchain security company working to unlock and protect wealth on the blockchain for everyone. The company aims to implement the best practices and technology from the banking and payment card industry to the blockchain ecosystem. 5M is focused on bringing greater awareness of blockchain security to the industry and enable all stakeholders to deploy blockchain security in every process.
Headquartered in Beijing in 1998, Feitian Technologies is a public company incorporated in China (SZSE: 300386) and has been the No.1 supplier of user authentication and transaction security for China Online Banking. Globally, Feitian has over 850 employees and more than half of which are focusing on Research and Development. Feitian’s international business served customers in over 100 countries.
Source: 5M Holdings Ptd Ltd