With cryptocurrency becoming more popular with investors and Bitcoin making history by moving past $10,000 for the first time, it’s never been more important to look after your cryptocurrency correctly. HooFoo I hoping to help out investors and have created a “hackproof Bitcoin wallet” which combines post-hardware and software application to secure your investments as well as simplifying cryptocurrency transactions. Watch the demonstration video below to learn more about the HooFoo which is now available to back via Indiegogo with pledges starting from $169 for super earlybird backers and shipping expected to take place during June 2018.
The creators of HooFoo explain more about its inspiration design and security features:
The dime secures the private key and signs the transaction offline, completely isolating the signing step from the Bitcoin network, making it virtually hackproof. HooFoo keeps your private key in the hardware wallet and never exposes it. The mother box stores your private key as a backup also works as a wireless charging stand. USB ports and drives have always been an infection point for malware to gain a foothold on computers. Malware can be installed in the firmware of any USB so the wallet is less resistant to the virus.
With access to the USB port, your hardware wallet can be hacked while your computer is connected to the internet. In contrast, HooFoo sends the encrypted transaction data through highly encrypted Bluetooth 4.0 which makes it impossible for hackers to steal your coins. The STM32 chip has been widely used in many major hardware wallets and is vulnerable to malware injection. On the other hand, HooFoo uses a new highly encrypted X chip which provides much more secure protection for your coins.
Features of HooFoo include :
– A two in one combination wallet
– Virtually hack proof Bluetooth 4.0 connection
– The capability to carry multiple cryptocurrencies
– Secure backup solution
– Real-time currency chart
– IOS and Android compatible
Source: IndiegogoFiled Under: Gadgets News, Technology News, Top News