You will be able to send and receive UTU Coin with the NGRAVE ZERO wallet.
We are excited to announce that we’ve partnered with NGRAVE to support the UTU Coin in the ZERO hardware wallet! You can now securely store, receive, and send UTU Coin with NGRAVE ZERO.
As you know, we are building the trust infrastructure of the entire internet. NGRAVE shares the same vision of trust and builds the most secure crypto wallets on the planet that its users can fully trust to keep their digital assets safe and secure.
Most existing cold wallets fall short of maximum security as early as the key generation step because they either:
- Provide a key, which opens up the risk of them knowing your key, or
2. Use the internal “TRNG” chip to create the keys, and these chips are known to have backdoors, or
3. Allow for a “man-in-the-middle” attack, where before the moment the user receives the wallet, third parties can intercept the device and pre-program their own addresses into it to receive funds from the end user.
To address these security issues, NGRAVE integrates external factors such as the user’s fingerprint with the chip’s own created randomness to create a key free of backdoors. ZERO also integrates a special real-time user interaction to remove the risk that even NGRAVE itself could know the key. This step also removes any effects of middle-man attacks. In addition, the NGRAVE ZERO is military-grade tamper proof and features an EAL7-secure OS, the highest possible security certification in the world.
These advanced and layered features make NGRAVE ZERO one of the most secure, trustworthy cold wallets on the market and mirrors UTU’s approach of using layers to create trust through the application of machine learning, social graphs and oracles.
“NGRAVE has earned the trust of their customers by building products with the highest level of security. They share the same vision of trust as we do and we are excited for their support of UTU Coin in the ZERO hardware wallet.”
-Jason Eisen, Co-Founder and CEO of UTU
“UTU embodies blockchain’s vision of acting as a protocol of trust, effectively aiding in, for example, the reduction of collateralization requirements for DeFi products. And it does so while taking into account both the individual and the contextual. It thereby aligns well with NGRAVE’s approach to security and the overall mission of fostering worldwide blockchain adoption.”
-Ruben Merre, Co-founder and CEO of NGRAVE
About NGRAVE
NGRAVE is a digital asset and blockchain security provider offering the industry’s most secure end-to-end solution for the management of individuals’ and businesses’ digital assets and cryptocurrencies. Learn more about NGRAVE on LinkedIn, Twitter, and Telegram.
About UTU
UTU’s vision is to become the trust infrastructure of the entire internet, replacing anonymous star ratings, reviews, and scores as the de facto trust mechanisms of our digital lives. We do this in service of our Mission — To bridge the gap between how we trust in real life and how we are asked to trust online — to make the internet a safer, more trusted place to gather, share, work, and trade.
Learn more about us on our website, Twitter, and Telegram.
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