D'CENT Biometric Wallet becomes the world’s first cold wallet storage with multi-coin ENS domain name support

D'CENT Biometric Wallet becomes the world’s first cold wallet storage with multi-coin ENS domain name support

ENS (Ethereum Naming Service) and IoTrust are teaming up. The D’CENT Biometric Wallet will become the first ENS-integrated hardware wallet as a result of this collaboration. This article explains the significance of the partnership in greater detail.

ENS (Ethereum Name Service) works like today’s commonly known DNS (Domain Name Services). If DNS is the phonebook of the Internet, ENS hopes to be the phonebook of cryptocurrencies at the very minimum.

The ENS name service is suitable for both blockchain and non-blockchain applications. These services are invaluable aids for remembering long and easily forgotten addresses.

With ENS, the long Ethereum wallet addresses presently used (like 0x3F436A8906C8f554d1B169Bf5D64271eB2D32) are related to memorable and meaningful names (like dcentwallets.eth).

 

Address Abstraction

Like IP addresses, Ethereum wallet addresses will be completely abstracted away with the help of ENS. An ENS-enabled future cannot happen through the efforts of ENS alone. Consequently, IoTrust is doing its part to usher in this new and exciting future.

In keeping with the philosophy of the blockchain, ENS is itself decentralized. ENS will officially launch its highly-anticipated solution at the end of September and demonstrate their service at the Ethereum Foundation’s Devcon 5 conference in Osaka, Japan, in October.

IoTrust wants to make it safer to manage digital assets. After the official announcement of the collaboration, Sangsu Baek, the CEO of IoTrust said, “We anticipate D’CENT Biometric Wallet owners embracing this technology. With ENS, they will be able to make transactions more conveniently. No longer will they be encumbered by the existing copy and paste method. Instead of copying and pasting Ethereum wallet addresses, and having to check multiple times, they can now transact more quickly and safely.”

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D’CENT Wallet is created by IoTrust, a company founded by security experts with over two decades of security know-how and engineering experience in developing deeply embedded security solutions based on secure-chip technology (SE and TEE). 

D’CENT Wallet caters to the diverse needs of cryptocurrency users, prioritizing security and user experience. Users can choose the Biometric Wallet, Card type Wallet, or the free-to-use Software Wallet.
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