Ledger launches NFT-focused hardware wallet Nano S Plus

Ledger, a major supplier of hardware wallets designed for secure storage of cryptocurrencies like Bitcoin (BTC), is launching a brand new wallet specializing in nonfungible tokens (NFTs).

The new product, called Ledger Nano S Plus, is the next generation to the original Nano iteration released in 2016, and is designed with NFT collectors’ needs in mind, Ledger announced to Cointelegraph on Tuesday.

The new Ledger Nano S Plus is the sixth hardware wallet produced by Ledger since the company introduced its first wallet HW1 back in 2015, the company’s chief experience officer Ian Rogers told Cointelegraph. The product is also the first hardware wallet that Ledger has released since the debut of the Ledger Nano X in 2019.

The Nano S Plus combined with the recent support of “clear signing” technology through Ledger Live aims to provide a safer user experience for Web3 customers.

While the new Ledger wallet natively supports the secure management of NFT transactions, some previous iterations of Ledger wallets have also been supporting NFTs, Rogers noted:

“Ledger Nano users have always been able to store NFTs on their devices through partners, on the Ledger Nano X, and now Ledger’s software application Ledger Live prioritizes NFT support where users can view their NFTs in Ledger Live and securely transact through clear signing.”

Clear signing technology aims to provide all the details of a transaction, removing the risk of “blind signing,” or consenting to a potentially risky transaction, the executive explained.

Ledger chief technology officer Charles Guillemet previously warned users about risks of blind signing of blockchain transactions in the aftermath of a major phishing attack targeting the world’s largest NFT marketplace OpenSea in February.

Related: Ledger partners with The Sandbox to promote crypto education in the metaverse

The latest news comes shortly after Ledger initially released a limited edition of the Ledger Nano S Plus in early March, dropping 10,000 devices for pre-order at $79 each.

Launched in 2014, Ledger is one of the world’s largest providers of hardware cryptocurrency wallets, which are physical devices designed to store a user’s private keys. The company has sold over 4.5 million wallets and launched six different wallets so far, including HW1, Unplugged, Blue, Nano S, Nano X, Nano S Plus. The company has stopped producing the first three iterations so far.

All Dutch and English crypto news!

Blockchain education initiatives take off amid crypto bull market

Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees. News Own this piece of crypto history Collect this article as NFT Join us on social...

Price analysis 5/8: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s dull range-bound action is likely to continue for a few more days as the bulls and the bears battle for control of BTC price. Price...

Analyse: is Dogecoin onderweg naar 0,125 dollar?

Dogecoin maakte vorige week een mooie stijging richting zijn vorige hoogtepunt, maar werd hier helaas afgewezen. Sindsdien lijkt de munt weer een daling te maken...

How a decentralized AI movement is shaping a fairer future

The Morpheus Network and 6079 are leading a movement to challenge the supremacy of Big Tech giants by employing decentralized, permissionless AI technology. News Own this piece...

Beste exchanges

Koop je crypto bij Bitvavo