The startup OraSaifu has released a smart wallet for cryptocurrency and bank cards - Hitecher
The startup OraSaifu has released a smart wallet for cryptocurrency and bank cards

The startup OraSaifu has released a smart wallet for cryptocurrency and bank cards

Almost every person has at least a few banking, discount, or gift cards, and for some people they simply fill their wallets. What can we say about the owners of crypto-currencies, for which fast and easy...

Almost every person has at least a few banking, discount, or gift cards, and for some people they simply fill their wallets. What can we say about the owners of crypto-currencies, for which fast and easy...

Almost every person has at least a few banking, discount, or gift cards, and for some people they simply fill their wallets. What can we say about the owners of crypto-currencies, for which fast and easy payment using one of hundreds of coins is still a problem or even impossible.

The development team from the OraSaifu project introduced an elegant way to combine all the means of payment into one small gadget.

Their smart wallet interface is designed for intuitive control with a touch-sensitive 4-inch LCD screen with a resolution of 1200 x 720. The compact aluminum case is slightly wider than a bank card and only 4 mm in thickness. It weighs 65 g.

The wallet has two modes of operation. First, it can be used as an aggregator of all kinds of cards, including credit, debit, gift, and so on. In addition, holders of cryptocurrency can use the gadget as a cold crypto-wallet, which supports all of the popular cryptocurrencies, as well as all ERC20 token standards.

All operations are performed using NFC or via QR code. In order to scan a card, you can simply put in front of the screen and it will be saved in the device's memory. After that, to pay for something or get a discount in the store, it is enough to have only the OraSaifu wallet. And all of your plastic cards can be left at home. It is very convenient to use a QR-code to exchange cryptocurrency by using the camera which is located on the back of the wallet.

The mobile app for Android and iOS can further enhance your asset management capabilities.

An important advantage of smart wallets is their long battery life. The battery is fully charged in only one hour and provides enough power for the gadget for a week.

Of course, for such a device you need powerful protection against hacking, theft, and loss. The creators claim that the wallet has a banking level of security provided by a special chip and algorithms which are built into the firmware. Also, the developers allowed for the possiblity to make a backup copy of all data on the wallet. A miniature BiPal device allows one-touch backup of all assets.

Apparently, the product is very much in demand. On the IndieGoGo crowdfund site, the project has already raised almost $140,000, with a stated goal of $20,000.

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Evan Mcbride

Evan Mcbride

Hitecher staff writer, high tech and science enthusiast. His work includes news about gadgets, articles on important fundamental discoveries, as well as breakdowns of problems faced by companies today. Evan has his own editorial column on Hitecher.

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Comments (1)

  1. lazarus opange

    lazarus opange

    good for the human