By Alicia Maher
Famous French crypto wallet firm Ledger is in partnership with the Ethereum-hosted play-to-earn gaming platform, The Sandbox, to promote information relating to cryptocurrency in the ever-expanding Metaverse.
As per the report from Cointelegraph, Ian Rodgers, the chief experience officer at Ledger, was the first to disclose the partnership deal during the Non-Fungible Conference held on April 4.
According to Rodgers, the partnership aims to improve the security system of The Sandbox and, at the same time, educate its users about crypto and other related digital assets.
Ledger’s chief experience officer added that the company would be giving out owners of the network’s native token, $SAND, customized Ledger hardware wallets.
Providing Crypto Security Education
Cointelegraph is reported to have quoted Rodgers on the partnership’s goal, which is to expand the scope of education on crypto-related security by adding that those with the proper education automatically become Ledger customers.
Furthermore, Ledger is determined to ensure that the vast majority of the people are well informed about the need to be security conscious of their dealings regarding cryptocurrency and manage the opportunity to have self-custody of their assets.
According to Rodgers, with self-custody comes freedom, and the cost of that freedom is some added responsibility to the people. However, users are cautioned on the need to prioritize their security to be in control of their virtual assets.
Introducing the Ledger Nano Hardware Wallets
The Ledger Nano Hardware Wallets is a sophisticated hardware wallet known to provide top-notch security to crypto-assets and is easily accessible to users at any point in time.
The security of the Ledger wallet is designed to protect users’ funds via a private key that is never exposed to others. It features a secure chip that is easily locked up using a pin code.
Additionally, the Ledger wallet is designed to be multi-purpose. It can accommodate virtually every digital currency, thereby allowing users to manage multiple currencies with a single wallet.
Navigation of the device is simplicity personified. Only two buttons are fitted to the device to provide seamless navigation with every action done that can be verified via the well-lit screen on the device. Every activity there can be observed.
The rate at which the security of crypto assets is breached has been a cause for concern for the industry, and the Ledger hardware wallet is another way for users to protect their assets from scammers and hackers.
The Ledger wallet is tamper-proof, but it also comes with a secure chip that helps to check the integrity of the user’s devices every time they are powered on for use.
On the new partnership, a spokesperson for the crypto hardware company revealed that plans are underway to release more details of the partnership in the coming days.
So far, Ledger has been on a consistent drive to improve its crypto-security services; it has previously announced the Ledger Nano S Plus launch for NFTs in March.