Intel Partners With Ledger

The hardware wallet manufacturer Ledger is moving on to enhance its company goals and objectives, as the business just exposed its partnership with giant tech firm Intel. The Intel SGX solution wants to develop a secure area referred to as the “SGX enclave” for private keys associated with cryptocurrency assets. This signifies the data will be secured within the enclave as in opposition to applications, and the objective will restrict the program attacks.

Based on the headline, the users of computers built on Intel will be expected if they choose to install the Intel enclave program. Intel makes clear that “private keys will be automatically generated and all cryptocurrency transactions will be authorized within the Intel SGX enclave.” The Intel SGX extension is pre-built into Intel processors, to help maximise code security and minimize counter-party threat.

The Paris-based firm, Ledger has also just partnered with the prominent security company Gemalto. Ledger’s BOLOS will undoubtedly be employed the Gemalto’s infrastructure which also handles the key storage.

Furthermore, Ledger just recently raised $7M in funding led by MAIF Avenir, the Digital Currency Group, The Whittemore Collection, and more. As outlined by the hardware wallet maker, the firm will make use of the funds to set up a new manufacturing facility in China.