Bitcoin and blockchain asset security company BitGo announced today a partnership with Ledger to combine the benefits of BitGo’s multi-signature enterprise wallet with Ledger’s hardware-based key storage. The integration is complete and available for the Nano S and Nano Blue hardware wallets.
The BitGo wallet has the most advanced multi-sig capabilities and advanced policy management, protecting against theft and loss with features such as rate limits, address whitelists and blacklists, webhooks, multi-user approvals and more.
Ledger is a leader in digital currency hardware solutions for key management and endpoint security. The integration with Ledger enables BitGo customers to secure their signature keys in an offline hardware device, providing additional layers of protection against malware and other attack vectors.
A company spokesperson stated:
“While each company’s security solutions are comprehensive on their own, our philosophy at BitGo is to continuously increase security protocols whenever an opportunity arises. The integration with Ledger was a simple enhancement for the BitGo offering and will likely be an easy choice for many of our customers to further enhance the security of their assets.”
In addition to providing additional redundant layers of security and functionality, it should provide peace of mind to digital currency users who want to know that their providers are continually innovating and improving security protocols.