Developers of the 1inch Network exchange have revealed their own non-custodial cryptocurrency wallet called 1inch Hardware Wallet.
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In a blog announcement, the developers said that the product is still being developed, but the release is expected later this year. The air-gapped device with a 2.7" E-Ink grayscale touch display will allow crypto investors to store private keys offline as all data is exchanged through QR codes or NFC.
The wallet — which looks similar to Amazon's Kindle Fire table, but small like a bank card — uses the Hierarchical Deterministic (HD) wallet algorithm in accordance with BIP44 to generate a new wallet. The wallet's battery can keep the device active for around two weeks and supports wireless charging.
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