By
Bena Ilyas
April 25th, 2024
OraSaifu has launched the world’s first all-in-one hardware cryptocurrency wallet, offering its users bank level of security for credit cards and cryptos.
Smart-tech company OraPay has recently introduced its innovative payment product – the hardware cryptocurrency wallet. The product has officially entered the market in the middle of July, 2018, offering its users a unique digital card screen display and a state-of-the-art security system. The ambitious project is guaranteed to become a real breakthrough with not only the number of active blockchain users today, but with technology users across all kinds of platforms.
Currently, the number of blockchain users is estimated at over 26 million, as the number of Bitcoin holders has grown up to 10 millions during this year. The trading volume of the top ten cryptocurrencies has also increased to $3 billion, which means that its high time for an innovative digital cryptocurrency wallet to enter the worldwide market.
Leveraging cross-functional payment methods, the OraSaifu wallet allows users to store their cryptocurrencies without resorting to hardware, software or paper wallets. It enhances all the present safety advantages of contemporary USB wallets (such as, Ledger and Trezor), also turning traditional bank payment cards into a mobile payment mode.
The OraSaifu team is proud to have created this one card, which combines two different modes where all crypto digital currency exchange and bank card payment functions coexist. It can be used for financial asset storage, transactions, and recovery.
What makes the OraSaifu wallet one-of-a-kind is the proprietary reliance on both a Trusted Execution Environment (TEE) and SE technology on one secure chip. This ensures the highest level of security over assets, and Near Field Communication Payments (NFC). The device has a cold-wallet mode by using NFC and Offline QR code reading technology, completely isolating it from other online connections.
The Ora wallet also features unlimited storage, successfully beating the majority of the competition within the market that offer limited storage and single currency use.
With the state-of-the-art security system, all cryptocurrencies on the device are able to be stored offline, which means that users can use the wallet on the go, without a required internet connection. It also features a two-step authentication for transactions ensuring maximum security for each user account. Furthermore, the Ora wallet supports sending payments, receiving, checking account details and managing multiple addresses.
OraSaifu supports the following prominent digital currencies: Bitcoin, Ethereum, Litecoin, Zcash, Dash, amongst over 20 other cryptocurrencies.