Jack Dorsey's Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
Summary
Block, previously known as Square, has launched pre-orders for its self-custody bitcoin wallet, Bitkey, in over 95 countries. The system combines a mobile app, a hardware device, and a set of recovery tools. The app enables users to process bitcoin transactions, while the hardware device securely stores assets offline. The wallet also connects to the firm's Cash App and the Coinbase platform for crypto buying and selling updates. The third key stored on Bitkey's servers helps verify transactions and recover wallets in case of loss. The Bitkey wallet was beta tested last summer, and the pre-orders are expected to be shipped by 2024.
