Ian Rogers, director of experience at Ledger, returned to the genesis of the brand’s new hardware wallet: the Stax. For this, he draws a parallel between the current development of the cryptocurrency ecosystem and the beginnings of the Web.
The Ledger Stax: the new generation of hardware wallets
Ian Rogers, Ledger’s Chief Experience Officer, explains what prompted the company to develop Stax, the brand’s new hardware wallet that will be released next spring.
He believes that today Web 3 is still in its infancy and he predicts a future where it will be so developed that identity verification will go so far as to be done through a signature on his digital wallet. If today there is still a long way to go before such an anchoring in our daily lives, Ian Rogers reminds us that the 90s also had their share of skepticism :
“In the 90s, people said ‘everyone will never have broadband!’ Ten years later, the same people were saying, “Not everyone will ever have a smartphone!” Yet today, humanity collectively uses more than 6.5 billion internet-connected smartphones to go about their daily lives. »
If this is to be so in the future, then Ledger believes that data security must be a central pillar and the Stax, in its design accessible to the general public, must meet this need.
It is this same security that is at the heart of the design of this new product. Thus, particular care has been taken to ensure that the novelties of the Stax do not offer loopholes that can be exploited by a malicious person, as explained by Charles Guillemet, technical director of Ledger:
👉 To go further – Easily take control of the Ledger Nano S Plus to secure your cryptocurrencies
Ledger Stax, designed for NFTs by the creator of the iPod
🔥 The world leader in crypto security
Innovation promotes the development of the ecosystem
Regarding the development of the cryptocurrency ecosystem, Ian Rogers describes a cycle of innovation, which allows it to grow. This cycle is valid for any technology, and ends up in Ledger policy which led to the creation of the Stax:
- A new product is designed on which applications are developed;
- These applications encourage the community to create new ones, which promotes the arrival of new entrants;
- These new entrants make the market grow, which encourages the creation of new products to meet new needs.
Whereas Ledger has sold over 5 million units of the Nano line the Stax must embody the new generation of hardware wallets to meet the new needs created by the growth of the market, while in turn promoting the adoption of cryptocurrencies.
👉 Related – Ledger Opens NFT Art Collection to Put Digital Artists in the Spotlight
Ledger Stax, designed for NFTs by the creator of the iPod
🔥 The world leader in crypto security
Source: Ledger
Newsletter 🍞
Receive a summary of crypto news every Monday by email 👌
What you need to know about affiliate links. This page presents assets, products or services relating to investments. Some links in this article are affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no impact on you and you can even get a bonus by using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
AMF recommendations.There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.