Unikeys is Accepting Pre-Sales for its Biometric Cryptocurrency Wallet

Unikeys is Accepting Pre-Sales for its Biometric Cryptocurrency Wallet

Unikeys is now accepting pre-sales for its physical cryptocurrency wallet. Dubbed the UKey, the biometric card allows shoppers to pay for goods and services using cryptocurrencies just as they would with an ordinary debit or credit card, with a built-in fingerprint sensor to authenticate transactions.  

The card itself is being manufactured through a partnership with IDEMIA, and has the same dimensions as a standard credit card. The UKey is compatible with most major cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash, with plans to add support for ERC 20 tokens in the not-too-distant future.

Unikeys is hoping to use the card to push cryptocurrencies into the mainstream, although at the moment the UKey is limited to Android phone and tablet NFC transactions.

“We believe the mass adoption of cryptocurrencies will happen only if it’s made easy to transact and can be stored securely,” said Unikeys Co-founder and CEO Alexandre Tabbakh. “We are confident our advanced biometric sensor makes an all-round solution for end-users transacting with crypto-assets.”

The UKey is expected to ship at the beginning of September, nearly a year after it was first announced in August 2018. At the time, Unikeys was partnering with MeReal, but there is no mention of the company in its latest press release.

For now, the UKey will be available at a discounted price of $89 during its three-month pre-sale.

Source: Yahoo

May 14, 2019 – by Eric Weiss