Cryptocurrency hardware startup Ledger has announced a new partnership with tech giant Intel.
The tie-up sees Ledger integrating its operating system, BOLOS, into Intel’s Software Guard Extensions (SGX) secure storage product line in a bid to provide new avenues for storing cryptocurrency holdings.
The announcement follows a similar deal between Ledger and Gemalto, which revealed a partnership earlier this month that was also focused on secure storage.
The concept centers around the idea of creating a so-called “enclave”, within which private keys are stored and transactions are both generated and signed. For Intel, that focus on hardware has been a defining characteristic to date, including its work with startup 21 Inc on mining chips.
“Following the launch of a line of hardware wallets based on our operating system integrated in a secure chip, working with a leading player like Intel is a unique opportunity to keep providing our growing client base with innovative solutions for cryptocurrency and blockchain applications,” Eric Larchevêque, Ledger’s CEO, said of the partnership.
Wallets set to utilize the Intel/Ledger solution include provider services Electrum and and MyEtherWallet, according to a release.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Ledger.
Image Credit: Quinten Jacobs / Shutterstock.com