As we continue working towards the launch of MarketSquare beta, we want to share with you some of the great projects and services that are joining us. If you haven’t signed up for MarketSquare Beta , there is still time. We also recently released an article detailing Hubs on MarketSquare. Today, let’s welcome NGRAVE to MarketSquare!
What is NGRAVE?
NGRAVE and their flagship product the NGRAVE ZERO hardware wallet have one clear mission – to eradicate the loss and malicious hacking of their user’s crypto. NGRAVE aims to make its hardware wallets one of the most secure solutions in the industry. In addition, they have gone to great lengths to make their products easy to use and include 3 complimentary products within their ecosystem that combine to create a comprehensive end-to-end solution for their users. Let’s break down their products below.
The ZERO is one of the most secure hardware wallets ever made, and the cornerstone of NGRAVE’s impenetrable security ecosystem. Conceptualized and built from scratch in close collaboration with world-leading institutes in chip manufacturing, applied cryptography, and hardware security, the ZERO comes at an unparalleled level of inherent anti-tampering. The ZERO is completely offline, from secret key generation to transaction signing, keeping the user’s holdings away from any online attack vector.
NGRAVE circumvents the need for paper wallets & traditional metal back-ups, with their graphene solution. The NGRAVE GRAPHENE is a cryptographic puzzle made of two fire-, water-, buried-, & shock-proof everlasting stainless steel plates. If an attacker gets his hands on one of the plates, he still has zero information about the actual secret key. Therefore, it is recommended to keep each plate at a different location. NGRAVE offers the first recoverable key backup solution.
NGRAVE provides a mobile app to directly sync all the generated accounts from the ZERO. That way, users can easily consult their real-time balances or ask to receive a transaction. Communication between the ZERO and the app occurs through QR-codes. This way, the app never has access to the secret keys on the ZERO. Hence, the secret keys are never exposed to any online attack vector - not even when signing transactions.
MarketSquare & NGRAVE
One of the values at ARK, the company building MarketSquare, is security. Cryptocurrency and Blockchain have created some of the largest innovations in recent memory but it requires users to take on a large amount of responsibility when it comes to securing their cryptoassets and keys. One of our main goals with MarketSquare is to provide educational content for users and this goal also expands to teaching users about how to safely secure their cryptocurrency.
We believe our space has room for all types of security solutions and it is one of the main reasons we are bringing NGRAVE to our platform. While we work in close collaboration with NGRAVE and create some specialized content relating to their ecosystem, you can also expect a good amount of content that goes over best practices in securing your crypto, wallet reviews, and more!
Stay tuned to our blog and updates for all major announcements concerning MarketSquare!