JAKARTA - Block Inc, a digital payment company founded by former Twitter CEO Jack Dorsey, recently announced the launch of BitKey, a physical crypto wallet for Bitcoin (BTC). The hardware is designed to help users manage their Bitcoin holdings safely and independently.
BitKey, which has a concise six-sided design, aims to address growing concerns among Bitcoin holders about their security and governance of digital assets.
Hardware wallets like BitKey give users full control over their personal keys, which are the main keys in securing Bitcoin. This eliminates the risk of lost or misused assets due to negligence or problems related to third parties.
One of BitKey's main goals is to make Bitcoin accessible to various groups, not just to tech elites. Block is committed to making BitKey an affordable solution, even though the exact price has not been announced.
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BitKey itself managed to steal the attention of the crypto community, leading independent custodial wallets such as Trust Wallet and Trezor have also announced significant updates in an effort to improve their services.
In addition to BitKey's launch, Block is also expanding its horizon in the crypto world with efforts to democratize the Bitcoin mining industry. They plan to produce a 'Mining Development Kit' (MDK) for consumers, demonstrating their commitment to making Bitcoin mining more accessible and inclusive.
Jack Dorsey, the founder of Block, has actively supported Bitcoin adoption on various platforms. He has encouraged Apple to integrate Bitcoin into its products and services as part of a larger movement to make Bitcoin a mainstream cryptocurrency.
Dorsey sees Bitcoin as not only a protective tool, but also a means to promote financial inclusion and sovereignty. For him, Bitcoin is a decentralized currency that can empower individuals and communities around the world.
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