Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

GridPlus Sets a New Standard for Blockchain Security with the Release of the Enterprise-Grade Lattice1 Wireless Hardware Wallet

GridPlus, a manufacturer of secure hardware for cryptocurrency and blockchain applications,  launched retail sales for the Lattice1, a wireless hardware wallet that sets the new standard for security, utility, and ease of use.

Combining a hardware security module and a Linux mini-computer, the Lattice1 is an all-purpose blockchain security hub that lets users accomplish complicated tasks with ease, free from the prying eyes of hackers. The Lattice1 introduces features that advance the state of the art for hardware wallets: physical anti-tamper protections, card-based backups, and permissioned signing which will make automatic cryptocurrency payments possible.

With the Lattice1, security and versatility go hand in hand. Its 5″ TFT touchscreen clearly displays transactions for users’ approval via an intuitive interface. The secure and general computing environments are segregated at the hardware level so the user’s private keys are isolated and safe, even when the paired phone or computer might not be.

Recommended AI News: Global Cisco Study Reveals What Works In Security Is Not What You Might Think

As Dr. Karl Kreder, GridPlus Chief Security Officer and lead designer of the Lattice1, notes, “Blockchain technology is advancing at an increasing rate, but the security tools available simply have not kept pace. The difficulties associated with storage and use have prevented widespread adoption. The Lattice1 was designed for daily active use of cryptocurrencies and digital assets instead of just storing them until sold.”

In a world where we no longer need to rely on traditional banks, the Lattice1 is your personal financial center. Blockchains eliminate the need for costly intermediaries, but this requires individual custodianship which is a huge challenge for the average person. The Lattice1 gives less technical users access to powerful blockchain tools with the peace of mind that their assets are safe.

Related Posts
1 of 40,841

The Lattice1’s always-on wireless connectivity allows users to pair and sign with multiple devices via secure channels. This means there’s no need to reach for a USB cable every time you want to sign a transaction. Pairing simplifies key management by allowing you to use the same wallets across multiple devices.

Recommended AI News: MRI Software Joins the Innovation Collaboration Group for Estate Agency Software

The complicated task of securely backing up accounts with a seed phrase is also made simple using PIN-protected GridPlus SafeCards which employ the same physically unclonable chips found on credit and debit cards. SafeCards let users create backups, create additional offline storage, and easily switch between accounts on the fly. SafeCards allow anyone that can use a debit card to safely and securely use cryptocurrency.

Users can manage multiple accounts and easily interact with decentralized finance (DeFi) applications as they earn interest on their holdings, open cryptocurrency collateralized l****, and trade assets.

Preventing physical attacks on the device was a key design consideration. The Lattice1 was designed to withstand tampering and reverse engineering attempts from sophisticated attackers with direct access to a user’s hardware. This is achieved through a feature not found on other hardware wallets: a laser direct structured (LDS) mesh which encases all secure components.

The LDS mesh is a three-dimensional maze of electrical traces with a unique waveform travelling through it constantly. This circuit is monitored for continuity from the moment of provisioning to end of service. If the circuit is ever broken, the Lattice1 securely destroys all sensitive information – essentially a tripwire set off by intrusion attempts. The user could then recover their funds using GridPlus SafeCard backups.

Recommended AI News: EchoStar Mobile Partners with Jersey Telecom to Bring Ubiquitous, Hybrid Network Capability to Europe

1 Comment
  1. Scrap Copper grades says

    Scrap copper trade Copper recovery services Scrap metal handling
    Copper cable recyclers, Metal reclamation yard, Copper scrap material composition

Leave A Reply

Your email address will not be published.