Chain Debuts iOS Based Fingerprint Bitcoin Wallet

Chain.com, providers of Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term based API’s for developers has posted a video of its newest endeavor, a fingerprint based bitcoin wallet for Apple’s latest iOS 8 operating system which is currently still in beta. The video below is worth watching and shows off the system. The wallet Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term’s Apple’s Touch ID system, which authenticates private keys and security of the app using fingerprint recognition.

https://www.youtube.com/watch?v=DcdThwai2V0

When Apple launched the Touch ID on the iPhone 5S last year, among prevalent theories of the direction Apple would take the product was that they would combine it with their Passport apps to create a secure payment system for iOS users. Overall, Chain’s bitcoin wallet is a step in this direction of providing a glimpse of where bitcoin based and mobile banking in general is moving towards.

Similar to their other projects, the wallet is an open-source initiative put available on GitHub where others can create their forked iterations of the bitcoin wallet.