Though it looks like a credit card, the Arculus card is really an ultra-secure cold storage hardware wallet for all your Bitcoin, Ethereum, and other blockchain-based currencies.
The world of cryptocurrency, a digital currency secured by a unique piece of code on the blockchain that cannot be compromised, is daunting to enter. But it’s also a rush akin to going to a casino and sitting down at a blackjack table. However, instead of dealing with the physical chips, you are dealing with an online currency that can be vulnerable to hacks when connected to the internet. Enter Arculus, an offline banking vault for your cryptocurrencies, that just happens to look and behave like a metal credit card.
The Arculus card utilizes a secure NFC chip, which is the same technology used in Apple Pay, Google Pay, and other tap-to-pay cards. The logic behind this, according to Arculus creator and Chief Innovation Office of CompoSecure, Adam Lowe, is that “we’ve educated the American market to tap to transact in the global market. The credit card issuers and networks have done a great job doing that…so this is literally tap to transact for crypto. You just tap your card to your phone and sign it.”
Read the Full Article: Arculus Wallet: A Crypto Wallet That’ll Fit in Your Wallet
