What You Need to Know About Wallets That Use Block Chain Technology

A software-based or cloud-based hardware wallet is a specialized kind of virtual private server wallet that stores the user's public keys on a secured hardware device. They have several major benefits over traditional non-virtualized software wallets: public keys can be safely stored in an encrypted area of a hardware device and can never be directly transferred from the device to an insecure web server.

Ledger Nano S is one such Ledger wallet, which is based on the original Ledger technology from Europe's Finest Computer Exchange. The Ledger Nano S also has advanced security features that include built-in MAC addresses, smartcard reader support, PIN code storage, smart card port, and hardware encryption. The Ledger Nano S also has an extensive set of add-ons and application software that further ensures maximum security and functionality.

The Ledger Nano S software can be downloaded for free online at the Ledger Nano S website. Once downloaded, the software can be installed on any computer with an available USB port. Users can then install the Ledger Nano S on their computers by inserting the usb smartcard hardware wallet that comes with the wallet.