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IOTA Foundation Announces Integration with Ledger Hardware Wallet for Secure Storage and User Access of IOTA Tokens

November 03, 2018 08:17

IOTA (IOT), a public distributed ledger that plans to power IoT networks, has officially been integrated with the Ledger hardware wallet.

According to the announcement, the Ledger hardware wallet is now compatible with the IOTA Trinity and Romeo wallets. This integration allows for the isolation of user’s private account seeds from their computers or smartphones, enabling additional security.

“Providing the highest level of security and quality is a major focus at both Ledger and IOTA,” said Ledger CEO Eric Larchevêque. “The collaboration between the teams created an immediate synergy concentrated on developing a compatibility feature allowing users to access, store and manage IOTA tokens on Ledger devices.”

IOTA is currently trading for $0.4786, giving the project a $1.33 billion market cap and making it the 10th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.