Ledger, a Crypto wallet giant has announced their latest project named Nano X, which is a Bluetooth-enabled device. The declaration came on Sunday at the annual Consumer Electronics Show (CES) in Las Vegas.
The announcement made by Ledger denotes that Nano X can be operated through mobile devices, which was a much-required update for the company’s current wallet. Gone are the days when laptops or desktop computers were mostly in use, a majority of people are primarily using mobile computing, now. The ability to utilize the Nano X without a computer is a huge leap forward for the company. Explaining more about the new product, Ledger CEO Eric Larchevêque said, “The fact that we have a mobile application and it works with the Nano X is really the big evolution of the hardware for this lineup.”
According to Larchevêque, the Bluetooth-enabled Nano X will allow having the security of Ledger but with mobile’s form factor. Notably, an external application on a computing device is needed for Ledger devices to write and send transactions. Ledger has achieved a userbase of Nano S devices amounting to 1.3 million. Nano S is the latest crypto hardware wallet by the firm. The CEO didn’t unveil the price for the Nano X, but he firmly believes that the price of the Nano S will drop with the launch of the Nano X.
The recently launched device Neno X features a bigger screen then Nano S. This will provide better visibility to the user. It also offers more memory space. Larchevêque considered Neno X as a more advanced device. He commented, “We have lots of third-party developers who are developing applications, we want to make sure that these applications can only sign transactions for their own private key.” The firm further notes that The Ledger Live mobile app will be available on Google Play and iTunes on Jan. 16.
The announcement of a new device Neno X has come, when 2019 is expected to expand and develop mass adoption of digital assets. After the extremely bearish year of 2018 for cryptos, the next bull run is much awaited. Ledger sales witnessed significant improvement in 2017 when the last bull run happened.