Hello guys we all know that best way to store crypto currency in long run is HARDWARE CRYPTO WALLET . In this wallet chance of hacking is 0% instead u give your hardware wallet personally to anyone. Because this wallet is not connect to server. This is the offline way of storing cryptocurrency.
Leading hardware crypto wallet manufacturer and developer organization LEDGER claims of selling 1 million hardware wallet in 2017 and make a profit of $29 million. In a interview given by LEDGER president to Forbes said that lack of secure platform for crypto results in rise of demand of hardware wallet.
We all know that blockchain is a decentralized network. In any case you lost your private key of your website wallet, so it is become impossible to recover your account that's why you need hardware wallet if you have large number of bitcoin.
Ledger develops security solutions for cryptocurrency and blockchain applications. This company started in the year 2014 by founders Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France.
Currently most of the investors in bitcoin using vault system of XAPO and COINBASE but in this case also investors need to trust operators of vault. In 2018 cryptocurrency investors lost big amount due to hacking take place in Japanese and South korean exchanges. So due to these above problems LEDGER company believes that hardware wallet demand will definitely rise in future.
Due to good ROR earn by investors of LEDGER company so many big companies like GOOGLE, SIEMENS, SAMSUNG also want to take part in coming funding round of LEDGER company.
Thankyou
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FULL ARTICLE: https://www.ccn.com/ledger-sold-1-million-crypto-hardware-wallets-in-2017-attracts-investors-in-samsung-and-google/
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