Press Release

Cryptnox to integrate ERC 4337 compatibility as an option to its CryptoCard Provider solution

Geneva, Switzerland, 25th January 2024, ZEX MEDIA, Cryptnox (https://cryptnox.com), a technology provider and long time hardware wallet producer, is going to collaborate with Candice (https://candide.dev) in order to start integrating account abstraction (ERC 4337) functionalities to it’s mobile phone wallets, while still maintaining original features. This will be an option available to Cryptnox’ business customers of its flagship CryptoCard provider solution.

In this innovative architecture, the key related to the replaceable CryptoCard will act both as smart wallet owner and as guardian. Subsequently, the smart wallet will also allow the registration of a mobile phone Passkey (Fido Alliance standard) as additional owner.
This will perfectly replicate the Apple Pay or Google Pay user experience with a Cryptnox card, as the user will be able to register (with a passkey) its card in the phone, and use the phone independently from the card.

This implementation is only possible together with advanced key management solutions such as the one offered by Cryptnox. It will fully benefit from the advantages of smart wallets such as paymaster for gas and mobile phone passkey registration, while still offering the usual features that externally owned accounts do. This will enable easy adaptation to any future wallet evolutions.

Cryptnox plans to integrate this new feature in both its IOS and Android wallet applications. Corresponding ERC 4337 smart contracts will be based on open source publications from Gnosis Safe.

Cryptnox is a smartcard hardware wallet producer and technology provider that offers a unique and patented solution for the issuance of replaceable hardware wallet smartcards with identical keys.

Candide Atelier is an Account Abstraction development platform for building smart wallets on Safe and a network for third-party gas sponsors.

Zex PR Wire

Recent Posts

Crypto Market: North America Dominates Global Activity

North America continues to dominate the global crypto market, receiving over 22% of on-chain value…

17 hours ago

Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Before the Bull Run

On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over…

1 day ago

Metaplanet Adjusts Bitcoin Put Options Strategy

Metaplanet Inc., a Japanese investment firm, has revised its bitcoin put options strategy, raising the…

2 days ago

Fintech startup Permutable launches AI Trading Co-Pilot

Fintech startup Permutable AI launches gen AI Trading Co-Pilot – harnessing gen AI and machine…

2 days ago

94% of Bitcoin Holders are Profitable

Bitcoin’s price surge above $65,000 has left 94% of its holders in profit. According to…

3 days ago

Non-Playable Coin Solana (NPCS) Announces New Roadmap with Growing Cult Community

Dubai, UAE, 15th October 2024, ZEX PR WIRE, The Non-Playable Coin Solana project – or…

3 days ago