Cryptocurrencies have literally brought massive disruption to the financial domain. Elimination of the need for intermediary or banking institutions is a major attribute of cryptocurrency. This particular feature has managed to turn the gaze of enthusiasts and multitudes of commoners alike. Today there are a number of cryptocurrencies along with major exchanges…
IOTA Foundation, a Germany based non-profit corporation, has partnered with Ledger, a security leader in the crypto industry to develop a secure hardware wallet for its users. The main motive behind this partnership is to allow users of IOTA Tokens to isolate their tokens from computers and smartphones thereby adding an additional layer of safety against security breaches. With the partnership with Ledger, the tokens can then be transferred to a more secure hardware wallet. This will further reduce the chances of their hacking by malicious hackers.