The crypto world is not entirely new to me. I actually tried mining Bitcoin in the past but it got increasingly more difficult and costly because the code just gets tougher and tougher to crack. Hence, I drifted away from crypto to focus on my career and have only recently gotten back into the crypto scene when a friend of mine introduced me to the world of non-fungible tokens (NFTs).
If you are new to crypto and you want to start putting some real money into it, you must be prepared to lose all your money and I really mean it! One thing you need to understand about cryptocurrency is that once you lose it, you really lose it forever. There is absolutely no way you can reverse transactions like how one can do so in a retail setting.
One crucial aspect that you need to be mindful about when entering the crypto space is being responsible for your own safety and security. There are many dodgy scam tactics that people will try to employ and this could include getting you to reveal the seed phrases to your crypto wallet through phishing and bots.
Now, whether you use a hot wallet or a cold wallet, there will always be recovery seed phrases that you will need to jot down and safekeep (in the event you lose access to your wallet and need to re-gain access). This has always been the case but not anymore!
Hugware®, the world’s first seed phrase-free wallet by a locally founded tech company, UKISS Technology, is now available for US$139 and it comprises of an Authentication Key (A-Key), a Rescue Key (R-Key), and a five year warranty!
Safe and easy to use, the Hugware® crypto hardware wallet is the epitome of state-of-the-art security that every crypto novice needs, providing a reliable recovery plan for their investments. Users can be rest assured that their private keys will always be at their fingertips with this new must-have tech accessory.
Hugware® is a great solution for those who tend to forget or lose their seed phrase and are looking for a self-custody wallet with a simpler recovery process, thanks to its master seed synchronisation capability. It boasts seamless key pairing, which ensures that private keys are generated and stored in the hardware while enabling backups through device pairing. That way, the seed does not have to be translated into recovery phrases and will not be exposed to human error, phishing, or theft.
Hugware®’s safe and secure technology is patented in more than 20 countries and significant markets, including the United States, Europe, China, India, and Southeast Asia. Each Hugware® comes with a Certificate of Authenticity recorded on blockchain.
How Hugware® Works
Each Hugware® comes in a pair. During setup, the master seed is generated in the Authentication Key (A-Key) and synchronised with the Rescue Key (R-Key). The A-Key is used to manage crypto assets and is the gatekeeper of your private keys. Simply plug it into your device to provide authentication or confirm transactions.
The R-Key can be kept for when users need to recover access in the future, and is your life-saving gizmo. Plug it into your device to recover private keys in case you lose the A-Key. The R-Key backs up your master seed for fast wallet recovery.
Featuring a sleek and streamlined design, the A-Key and R-key are pocket-sized, enabling users to easily carry it around wherever they go. Hugware® also comes with USB and USB-C connectors that users can plug into their devices.
Additionally, Hugware® comes equipped with a security system that is programmed to lock the device after 10 failed logins. This offers an added layer of security in the event you lose either one of your keys.
The fuss-free solution supports multiple blockchain networks and is available on desktop for Windows and MacOS, and soon on Android (iOS users will have to wait a little longer) .
As an iterative product that consistently works to improve itself, there will be more features to be added with every Hugware® version upgrade. These include new features such as U-Archive and U-Hide that are in the works.
Fortify your backup in the cloud. Secure your archives without compromising on space. The U-Archive encryption software allows you to encrypt large folders in your computer or in the cloud, and only the holder of the associated Hugware® can access the archive. This software is slated to launch in September 2022.
Hide your files while keeping them within reach. Protect your sensitive files and media assets with ease. U-Hide allows you to encrypt individual files in your computer while keeping them accessible: only the holder of the associated Hugware® can access those files. This software is slated to launch in November 2022.
UKISS Technology is also rewarding buyers of the Hugware® and other UKISS services with KISS Tokens to offset their next UKISS purchase.