Ledger launches the Nano Gen5 priced at $179, designed for identity management in an AI-driven world

ChainCatcher news, according to CoinDesk, cryptocurrency hardware wallet provider Ledger has comprehensively updated its product line to prepare for the new "era of ownership".

It has launched a redesigned version of its iconic device, the Ledger Nano Gen5, an upgraded Ledger Wallet version of the Ledger Live application, and the Ledger Enterprise Multisig platform for institutional asset management. The new Nano is no longer just a cryptocurrency wallet; Ledger refers to it as a "signer", a repository for digital assets and identities. The change in device name reflects the company's shift in understanding the core of security in the digital age.

As a secure signing device, it can handle cryptocurrency transactions, smart contracts, and identity authentication. It supports "clear signing", allowing users to directly verify transactions on the device before approval. It also features Bluetooth and NFC capabilities for mobile signing, and a recovery key provides additional security for asset recovery. The retail price is $179/€179.