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 Mar 11, 2022 at 9:32 p.m. UTC

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

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

CoinDesk - Unknown

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

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