HashWallet plans credit card sized hardware wallet

0:22I'd love to start off by hearing a little bit about your background in the blockchain industry and how that led to your vision in starting hash wallet okay my background is related to the banking industry has been leading companies in the IT industry for the last fourteen fifteen years and we have been developing software providing services to the banking industry so after that

0:54period we saw all the problems that were related to fraud and to security in the banking industry in the payment methods and the online banking industry and we saw that we were replicating somehow the problems that were there in the blockchain industry but with worst results because in logging you cannot undo transactions you cannot modify

1:21transactions there is no central entity that responds for these transactions and that's why we saw first the prime of their security and second the program of adoption and easy of use we have a lot of brands there I think definitely and with the hash wallet is it how many coins can you store on the wallet is it a coin aetherium and many other block chains as well at the moment we have

1:53developed all the AR C 20 tokens Bitcoin between cash the top 15 coins that they are at the moment in the market but we are including more and more coins in the wallet and before we launched we will cover a lot of bitcoins and a lot of the important going to the rising at the moment and they don't have horrible that's great and are there

2:22other features inside of the wallet that aren't just storing coins yes we are planning to certify the device with the Phaedo certification so you can use it also for two-factor authentication that's a goal we want to achieve and I think this will be also important for the user and for adoption also of the device and this is still

2:51coming out in a crowdfunding it hasn't been built yet but I'm sure you've designed everything around the wallet people are really used to treasure wallets and ledger wallets right now is it similar in nature and came describe a little bit about it yes our how wallet has a great cut form factor so it's pretty different from what we have at the moment in the market

3:17we decide we wanted that credit card form factor of adoption people are used to use a credit card so we wanted to mimic somehow the user experience of credit card signing a transaction of a blockchain no so that's why we decided to have a crate confirm factor and we have to include also a fingerprint display Bluetooth and NFC antenna so you

3:49will be able to use the hard wallet with your desktop or your mobile and you and only you will be able to access the device with your fingerprint so it's a pyometra implemented there and I would say that the main difference are that our hard wallets unknown programmable device so that's the devices that are at the moment in the market programmable device

4:15and vulnerabilities that are known and also we implemented a principle that is what you see is what you sign so the user can verify the transaction in a secure environment that is a non programmable device so you send the transaction from your mobile to the to the device and you can look at the transaction in the ink display and verify that no one has

4:38modified the section that's what you want to say so security is faced in the non programmable device there's where the keys are generated and also what you see is what you signed that's great to hear my next question was going to be about the security factors on it and there have been you know you only with smart contracts in blockchain you only know how secure it is until it gets

5:04hacked right and it goes the same for wallets and ledger and treasure haven't been fault proof either so that's great that you have that fingerprint edition which seems extra secure I don't I don't believe I've ever seen a hardware wallet with that which is impressive so that's going to be really interesting when it comes out and I'm looking forward to that can you talk

5:25a little bit about the aro certificate program that you guys joined yes when we started with a idea of launching the crowdfunding we had a device prototype and we wanted to touch the market and see what people think about about the device and about our brother on what we have tested on the blog but we thought

5:52that we needed someone a third party that so what we were doing and say the potential customers that it's verified that it can be done so it's not only our idea is there engineers in other side a third party that have seen the device and that have verified that the device can be produced that's one part of the certification program the other part of

6:21the certification program is that are always in onboard on the manufacturing process so there's a lot of help there with the manufacturers with the certifications of the of a device to sell the device in different markets and also the we will verify the device with a another third party that will see and verify all the security of the device

6:48so that's idea by hand there behind the arrow a certification program to give the users the confidence that we can build the device and there's a third party that are not us that verifies this and is it a lot harder with this fingerprint ID built into it as well and are you using out as the major selling point for the wallet you know there's more not just treasure and

7:17ledger but there's many other wallets and credit there are some credit card ones as well so what that sounds like a major differentiator is that your strategy to grow sales I would say that fingerprint is a huge gentleman biometry is a way to give security and confidence to the user so this is a very important point there are important point I would

7:44say is the recovery system we have develop different recovery system I know if you have experienced the process of recovery now later a tracer or whatever how well wallet that this actor in the market it's it's a pain it's fast fall out process difficult process so we have to love a different system we have a recovery and recovery key the keys or

8:14that we use in the device are generated inside the device in the secure environment and we generated this recovery key and recovery see so one of the elements is storing a NFC card for the user and a physical device and the other part is stored whatever the user wants so this opens also more opportunities for the user if something is something happens to him they will be

8:43able he will be able to recover his family or his friends will be able to recover the wallet without even to anyone the keys so I think these are is this Mayo points no security and opportunities for recovering open more opportunities for recovering the device in a secure way great that's great to hear security is important and understanding

9:10how to recover is very important especially people that are doing it for the first time so quite interesting and it sounds really exciting I'm really excited to hear when is it coming out can you give us the timeline of there's a campaign and then it's coming out at certain time yes the 28th of April we will launch the campaign in IndieGoGo so we are working right now with a

9:37manufacturers since December we will have the first devices with a smaller display about in union with all the functionality on the same size slightly saying inside components so we will test all of the finger and start their certifications and we think that end of December all the devices should be

10:04shipped to the to the users so that's as our idea we are working already on the on the device on an affected manufacturing and I mean in April we will launch the IndieGoGo campaign that's great and how much do you need to raise in the IndieGoGo campaign to make it successful yeah it's not too much I think we I mean we have a goal of selling 10,000 devices

10:30we think it's not too much for four for this time this kind of devices we could sell legals built the device without selling the device the idea behind the IndieGoGo campaign is to have the feedback from from the users and what they think about this if we have built something that users don't like it and we don't sell it they perhaps it makes

10:58sense to develop it so the idea behind the IndieGoGo campaign is not because of the fans it's because of the a feedback of the people of the community of what we have done what are the ideas behind the security disability so if people wants it we will manufacture it that makes sense and so april 27th did you say June 28th okay

11:30and how can people find more about the project learn about it more before they look at the IndieGoGo and how do we get it access to that as well okay anyone can look at get hash wallet calm there is the web page of the product we are updating every week information and giving content to the audience we have also our social media channels

11:57there you can get us in telegram and Twitter Facebook I don't know all the social media channels and you can connect directly with the team and any questions anything anyone can can need about the information about the product they can ask there we will respond and any other partner so or people that want to ask to support their

12:27coins also we can speak and we are looking for the way to connect with all the ecosystem so there they can reach at the help program great Thank You Daniel I will leave those links in the description box below that's all the time we have for the interview but I really appreciate you coming on to talk about hash wallet and let's follow up after the campaign okay

12:53thank you very much them it has been a pleasure to be here and for the opportunity for speaking about our project and showing all the people what we are doing so thank you very much it was a pleasure