Self-Storage of Bitcoin Goes to the Masses with New ‘Crypto Ring’

Self-storage of cryptocurrency, where the owner has exclusive control over their crypto assets, is gaining new popularity thanks to the introduction of a new wearable cold wallet. Hardware wallet company Tangem officially announced the Tangem Ring, a new self-storage crypto wallet designed in the form of a ring, on July 17. By combining self-storage and wearables, the Tangem crypto ring aims to advance the concept of self-storage while enabling everyday transactions, said Tangem CTO Andrey Lazutkin. “We believe that cryptocurrency should bring daily benefit to humanity, not just sit in a bank vault. In other words, cryptocurrency should be used daily. And at Tangem, we want to create a device for daily use,” he said.