BitLox is a hardware Bitcoin wallet manufacturer, and its first two products have hit the market. The company says that its titanium encased “BitLox Ultimate,” and the aerospace-grade alloy-encased “BitLox Advanced” are indestructbile, and are “the most advanced and secure hardware Bitcoin wallets ever developed.
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BitLox: The ‘Most Advanced’ Bitcoin Wallet
The wallets are shockproof, weatherproof, and small. They are the size of a credit card, 4 millimeters thick and weighing in at 25 grams, but BitLox says they still “pack a punch.” Both versions of the company’s wallet feature a 2-inch “full matrix advanced e-paper display,” multi-layer PIN security, and Bluetooth LE that allows users to access wallets from their smartphones via an Android or iOS app. The hardware devices also allow for multiple wallets, each one with its own encrypted seed.
BitLox wallets are compatible with the most popular anonymity tools, allowing users to spend from their wallets with the maximum amount of privacy. The company provides TOR-based access to their hardware devices, as well as compatibility with the I2P network. Additionally, the wallets can also be used on TailsOS, an anonymity-centric operating system that treats every computer boot-up as a clean install — avoiding the digital trail left by OS data tracking, such as personal information, preference settings, and bug reports.
When it comes to local security, the BitLox wallets offer many features. Four-layer PIN protection requires an entry for device recognition, powering on the device, accessing the wallet, and for each transaction. These layers are configurable, so users can enable or disable them based on their preferences for convenience versus security.
The “Anti Evil Maid” feature provides wallet users with a recognition phrase that allows to verify that the wallet is actually their device, and not another. This feature acts as a Two-Factor Authentication protection, preventing would-be thieves from accessing a wallet through another device with compromised PINs.
BitLox wallets even have a nuclear option. The “Duress” PIN initiates a self-destruct process where device memory is “instantly and irrevocably,” which will “return the BitLox to the factory fresh state.” This self-destruct option can be useful if a user wants to get rid of their BitLox for any reason, or if they believe that their PINs have been compromised.
The company also provides “hidden Bitcoin wallets,” which makes the stored funds “indistinguishable from random data.” Each device supports up to fifty hidden wallets, providing “perfect plausible deniability” to anyone who may need it.
The BitLox hardware bitcoin wallets are entering a market with some stiff competition. This company will face established hardware wallet providers such as Trezor and Ledger, which provide a variety of bitcoin storage products well-liked by the community.
Prices for the BitLox wallets start at $ 199 USD, and each device comes with a five-year warranty.
About BitLox Limited:
BitLox Limited is a dynamic start-up company, incorporated in Hong Kong, primarily offering to its customers products and services in the field of emerging financial technologies and digital currencies. BitLox Limited is poised to establish lasting strategic partnerships and expand with reliable partners and well-established investors across the globe.
BitLox brings state-of-the-art technology to both consumer and enterprise customers alike. BitLox is developing several more products to be announced soon, with groundbreaking cutting edge Bitcoin security solutions in advanced stages of research and development.
Affiliates & partnerships are welcome!
Dana L. Coe, BitLox CEO is currently available for interviews with interested media outlets worldwide. He can be reached at dana.coe@bitlox.com
For more information, or to purchase a BitLox, please visit: View the BitLox press kit at: About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information. The post BitLox: ‘Indestructible’ Hardware Bitcoin Wallet appeared first on Bitcoinist.net.
BitLox: ‘Indestructible’ Hardware Bitcoin Wallet
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