Tangem Wallet refers to a physical hardware wallet solution provided by Tangem, a company specializing in blockchain-based smart card technology. Here’s an overview of Tangem Wallet:
Overview of Tangem Wallet
Physical Form Factor:
Tangem Wallets are physical cards (sometimes referred to as smart cards or crypto cards) that resemble a regular credit or debit card in size and shape. These cards embed secure elements and NFC (Near Field Communication) technology.
Secure Element Technology:
The Tangem Wallet integrates a secure element chip that stores private keys and performs cryptographic operations securely. This hardware-based security provides robust protection against hacking and unauthorized access.
Cryptocurrency Support:
Tangem Wallets support various cryptocurrencies and tokens. The specific supported cryptocurrencies may depend on the model and firmware version of the Tangem Wallet. Commonly supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies.
Usage and Functionality:
Offline Storage: Tangem Wallets are designed for offline storage of cryptocurrencies. Private keys are generated and stored securely within the wallet’s secure element, ensuring they are never exposed to online threats.
Transaction Signing: When conducting transactions, users typically need to tap their Tangem Wallet card against an NFC-enabled device (like a smartphone) to authorize transactions securely.
User Interface:
Tangem Wallets may have minimalistic user interfaces embedded in the card itself or may rely on companion mobile apps for enhanced functionality. The mobile app typically provides features such as balance checking, transaction history, and additional security settings.
Security Features:
PIN Protection: Tangem Wallets often require users to enter a PIN code to access and authorize transactions.
Anti-Tampering Measures: The physical design of Tangem Wallets includes anti-tampering measures to detect and deter physical attacks on the device.
Setup and Management:
Setting up a Tangem Wallet usually involves initializing the card, setting up a PIN, and possibly transferring cryptocurrency funds to the wallet’s address. Users may interact with the wallet through a mobile app for management and security settings.
Benefits of Tangem Wallet
Physical Security: Tangem Wallets offer robust physical security due to their smart card design and secure element technology.
Offline Storage: Ideal for users looking to store cryptocurrencies offline securely.
Ease of Use: The tap-and-go NFC functionality simplifies transaction signing and interaction with supported devices.
Considerations
Availability: Tangem Wallets may vary in availability based on geographic regions and partnerships.
Compatibility: Ensure compatibility with your preferred cryptocurrencies and devices before purchasing or using a Tangem Wallet.
Last updated
