High-end watchmaker Franck Muller has partnered with alternative assets investing firm Regal Assets to release the () storage watch “Encrypto,” according to a by Cointelegraph Brasil on May 23.
In addition to being a high-end fashion accessory, with a price ranging from $9,800 to $50,600, the watch also functions as a for . The watch is reported to be engraved with a public address on its dial and comes paired with a on a USB drive. According to the firm, the “deep cold storage ” is unhackable and uses “offline generated, non-deterministic TRNGs (True Random Numbers Generated).”
In a from Regal Assets, regional director of Franck Muller, Erol Baliyan, commented on the leading , saying “ is the millennial gold.” He added:
“ is the […] perfect marriage between innovation and personal choice.”
The Encrypto can be bought with or traditional payment methods. The company is reportedly considering the production of functionally similar timepieces that support other top-five , such as ether () and ’s .
As reported May 24, another Swiss luxury watch and clock manufacturer, Vacheron Constantin, will using technology to track its timepieces.
Last year, Cointelegraph that Hublot — yet another Swiss luxury watch maker — released a limited edition model commemorating the . The watch, Big Bang , could only be bought with and only 210 copies were made, a reference to ’s fixed supply cap of 210 thousand (21 million) coins.
Published at Sun, 26 May 2019 12:41:17 +0000
