VaultTel is a United States cryptocurrency, VaultTel has introduced a cryptocurrency hardware wallet chip that is designed to fit the mobile SIM card tray. This chip is called VaultTel and is designed as a safe cryptocurrency storage solution. These chips are sold in the United States today and in the near future will be sold in European countries through their subsidiaries.
According to their press release, this chip was planted with authentication encryption Military grade biometrics, AES 512.
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To save funds, Users can lock VaultTel Cards to one device and a specific geographical location. This chip can be placed in the SIM tray, of course, the cellphone must have two SIM slots or use accessories such as Dongle.
A few months ago there were rumors and specs which said that Samsung had implanted a crypto wallet on their Samsung Galaxy S10 processors.
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Last January the manufacturer of crypto wallet hardware, Ledger, has introduced their new product, Ledger Nano X, which is Bluetooth-based and can store 100 different crypto assets. Ledger also released Ledger Live, a mobile application for Android and iOS and allows its owners to use Ledger Nano X via Bluetooth.
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