Singapore startup launches crypto hardware wallet to secure assets, UKISS Hugware
A Singapore tech startup has introduced a security device designed to make crypto users less vulnerable to hackers.
Cryptography-based security startup UKISS Technology’s Hugware is a pocket-sized crypto hardware wallet that stores the passwords needed to access one’s digital assets without relying on their memory.
The UKISS Hugware, which retails for $139, is for those who tend to forget or lose their seed phrase, aka the mnemonic phrase used to access their cryptocurrency wallet.
Each Hugware comes in a pair: the Authentication Key (A-Key) used to manage crypto assets, and the Rescue Key (R-Key) for backup.
It helps generate and store private keys, which are similar to passwords, to encrypt and decrypt data while enabling backups when paired with a device. That way, people don’t have to memorize long passwords and the data is shielded from phishing or theft.
The startup said it has tested the wallet among major FinTech players, leading health care providers, and enterprises in the past decade. It comes with USB and USB-C connectors and a five-year warranty.
The system is programmed to lock the device after 10 failed logins for added security.
In case anyone is still buying them, UKISS also minted an NFT collection of character illustrations by local artist Pras The Bandit, who was inspired by his family and cat in a post-apocalyptic world.
What is UKISS Hugware?
Hugware is a hardware wallet that comes with master seed synchronisation, allowing crypto users to do away with recovery phrases. Unlike other hardware wallets, which translate the master seed into words, risking exposure, Hugware synchronises the master seed across devices, ensuring that it never gets out. This hassle-free method keeps the wallet recovery process straightforward and secure.
Hugware always comes in a pair. When you first set up your Hugware, the Authentication Key (dark grey) generates a master seed and synchronises with the Rescue Key (light grey). If you ever need to recover access to your crypto assets in the future, simply plug in the Rescue Key, and you’ll find all your crypto assets in order. No more writing down a long string of words or ensuring that your recovery phrase sheets stay readable.
- Fully self-custody
- Designed with secure PIN authentication
- Built with write-protected firmware
- Supports BIP-32 and BIP-44
- Comes with tamper-proof packaging
- Based on patented hardware recovery technology
- Each Hugware comes with a 5-year warranty
- Supports 20+ networks. More chains will be integrated into Hugware wallet every quarter.
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You can see this list here.
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