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Kampela unveils next-gen hardware wallet for Polkadot

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Kampela unveils next-gen hardware wallet for Polkadot

Kampela, a hardware player in the Polkadot ecosystem, made a groundbreaking announcement during a recent talk by its Head of Conference, Kirill Pimenov. Kirill’s presentation revealed the company’s latest innovation: the Kampela hardware wallet, which promises to be a game-changer in the world of secure key storage.

To begin, Kirill talked about the early days of the Web3 hardware wallet, where old smartphones were turned into hardware wallets, utilizing airplane mode to ensure security. However, there was a significant hurdle to overcome: the need for a secure chip, primarily found in Apple devices, rendering Android smartphones less secure for storing high-value assets. While these previous wallets relied on tools such as iPod Touches for secure key storage, a new solution was needed.

He went on to say that today, web3 hardware wallets have evolved to be better. One such device is Kampela, which is used to enable secure key storage for projects within the Polkadot ecosystem. It offers a novel approach to secure key management by utilizing smartphones to transmit transaction data to the hardware device. NFC technology eliminates the need for a battery or charging port, enhancing the security of the device.

During the presentation, Kirill demonstrated ease of use by showcasing the process of transferring a transaction to the device via a QR code, which users can scan with their phones. The device then asks for a PIN code before signing the transaction and sending it back to the user’s online wallet. The NFC technology allows seamless communication between the smartphone and Kampela.

Customization of Kampela

To address concerns about custom firmware, Krilli highlighted the openness of Kampela’s hardware and software. Users will have the opportunity to program the device to suit their specific needs, provided they understand the associated risks. While custom firmware can be powerful, it also carries risks, so users must exercise caution.

He added that Kampela even offers a development kit, allowing users to flash their firmware onto the device. This openness and transparency set Kampela apart in the world of hardware wallets.

Furthermore, he said that he wants to work closely with wallet providers to ensure seamless integration with Kampela. The Kampela hardware wallet represents a significant step forward in secure key storage for the Polkadot ecosystem. 

Read also; OpenTrade now offers access to Tokenized U.S. Treasuries for eligible entities

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