Block’s Bitcoin Wallet Will Contain a Fingerprint Sensor for Transactions

The payment giant’s new wallet will also be powered by a rechargeable lithium polymer battery and USB-C port.

AccessTimeIconMar 11, 2022 at 7:49 p.m. UTC
Updated May 11, 2023 at 5:59 p.m. UTC

Payments firm Block (SQ), formerly known as Square, said the bitcoin (BTC) wallet it is building will enable fingerprint sensors for transactions, according to a company blog post on Friday.

  • “For transactions that require using the wallet hardware, we want our customers to be able to unlock their wallets securely, but with ease – an unlikely combination that historically has not existed in the market,” the company said in the post.
  • The hardware component of the wallet will use a rechargeable lithium polymer battery and USB-C port to power the device.
  • The wallet will not have a display as Block said it doesn’t want to create a new interface that customers will need to learn in order to use the wallet.
  • Block announced in July that it was moving forward with plans to build a bitcoin hardware wallet.
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    Aoyon Ashraf

    Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets