Tangem's hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody.
Cryptocurrency self-custody, which involves the owner having exclusive control over their crypto holdings, is seeing renewed adoption thanks to the introduction of a new wearable cold wallet.
Hardware wallet firm Tangem on July 17 officially announced the launch of the Tangem Ring, a new self-custodial crypto wallet designed in the shape of a ring.
By combining self-custody and wearables, Tangem’s crypto ring aims to promote the concept of self-custody while enabling day-to-day transactions, Tangem’s chief technology officer, Andrey Lazutkin, told Cointelegraph. He stated:
