The article is not based on my perspective. I happened to read about this topic. It's totally craziest and out of brain way to store bitcoins. I found it pretty interesting and sharing the interesting fact with you guys.
The Frank Muller Geneve presents The Vanguard encrypto which is also known as "The World's First Functional Bitcoin Watch" is one of the most interesting inventions of the crypto based world. The watch is limited edition and not only it's stylist but also it took the security of the crypto wallet to the next level. The Vanguard Encrypto was launched in partnership with cryptocurrency trading platform Regal Assets. Have a close look at the watch. The logo of bitcoin and a QR code with the majestic view. The Encrypto, is tastefully designed using the QR code of SatoshiNakamoto’s Genesis Blockaddress, with striking and distinct numerals which complements and blends with the bitcoin logo.
With the watch, there is a private key which is "one time USB stick". Actually like you own bank and the magic stick is access to your bitcoin account.
Apart from the crypto based features, it watch itself has some extraordinary feature.
Material: 316 LS Stainless Steel
Crystal: Scratch Resistant, Anti-Reflective Sapphire Crystal
Movement: FM 0800 Swiss Made Automatic Movement
Power Reserve: 42 Hours
Case Diameter: 45mm Water-Resistant: 30 meters
The dial effectively includes a laser-etched QR code for a public wallet address that can be used to deposit Bitcoins and check the balance of the account. You can scan the QR code with any Scanner of your phone and check the bitcoin amount on your very quickly.
Kaboom, you can have a look at your account within some seconds.
The Method Used To Store Bitcoint Here
The Vanguard Encrypto uses offline generated, non-deterministic TRNGs (True Random Numbers Generated) paper wallet style storage. This style is actually for the holders who holds and Businessman who needs to have access of the account anytime and also can trade anytime.
The parts above are mosts collected information. I can't do anything about that cause it's pure and high level information and there's nothing I can write with my creativity. But hese parts are from my view actually.
Advantages
The watch is actually stylists and most businessmen actually wear a wrist watch. Now they can have access to their coins very easily. If it is with them, they can havea peaceful mind. But if the code is on a paper, they always have worries about thir account safety. The method used here is pretty amazing and it's reliable for long term bitcoin holders and the system is much more differenct that our two way publich and private acount system. Sometimes you have to worry a lot about the documents and papers. If any accident occurs and you lose your paper, then most case you can lose all your money. In the same manner, if you use virtual wallet, any hacker may hack you anytime and can rob your account. Or if your mobile or device is lost, then high risk of losing your money. We all use our devices and it's always exposed and vulnerable. But here the USB chip is your account. So pretty much safe for you if you keep it in a safe lock. There is a card that also has the QR code. If you lose your watch, you can still use your card and use QR code. The USB is main thing. As long as it's safe, your account is safe.
Disadvantage
The USB is really very sensitive. If it's lost, then someone else can get a chance to get hold of your money. And also I saw that if the Chip is broken and destroyed, you can lose all the money. But it's strong and normal falling won't do any damage. It takes more to do any damage on the USB. So far that's the disadvantge I saw.
Everything is becoming virtual. I mentioned previously about that actually. So getting virtual is not the only challange, it also need to have more safe and protective ways. That's why things are evolving. Crypocurrencies are going to have huge impact one day in our daily life and this is a big step for that, getting mixed with technology and our daily needs. Many more to come in the next days.
Important information were collected from
https://www.franckmuller.com/news/vanguard-encrypto-limited-edition and Thanks to Super Blondie. Her video helped to provide me with some important knowledge😊😊.
Hope my article will provide you with some knowledge again. Thanks for your attention guys😊😊😊.
Pheew this is classic and huge well I see the mysterious random rewarder has visit you.