Cryptnox has secured two patents for innovative Web3 hardware wallet technology, enhancing data security and user experience in digital finance.
Cryptnox, a leader in next-generation security solutions for digital assets, has announced the acquisition of two groundbreaking patents that enhance its position in the Web3 hardware wallet industry. These patents focus on innovative methods for data security and user device personalization, marking a significant step forward in the realm of digital finance.
The first patent, US 12,101,400 B2, introduces a state-of-the-art method for data security. This method involves splitting a data element into multiple shares, each encrypted with unique keys. The encrypted shares can only be reassembled using corresponding decryption keys, ensuring that sensitive data, such as private keys in Web3 hardware wallets, remains secure against unauthorized access.
The second patent, US 12,132,824 B2, details a sophisticated method for issuing personalized user devices. This method streamlines the initialization process of user devices, embedding essential security measures such as public and private key encryption, digital signatures, and device-specific authentication. This technology ensures that private keys can be securely embedded within hardware wallets while maintaining end-to-end security and authenticity checks.
With these two newly obtained patents, Cryptnox reinforces its mission to provide users with unparalleled security and control over their digital assets. The innovations enable seamless integration of robust cryptographic safeguards in Web3 hardware wallets, offering both private and institutional users the highest standard of data protection and transaction verification.
Sebastien Armleder, CEO of Cryptnox, stated, "Obtaining these patents is a significant milestone for Cryptnox and our commitment to redefining security in the rapidly evolving Web3 space. These innovations represent our dedication to developing secure, user-centric solutions that empower individuals and enterprises to confidently engage in the digital economy."
Cryptnox is a pioneering technology company specializing in advanced security solutions for digital finance. With cutting-edge Web3 hardware wallet technologies and comprehensive data protection protocols, Cryptnox provides robust tools that ensure trust, security, and convenience for users navigating the decentralized economy.
