Cardano (ADA) is integrating Ledger hardware wallet
Cardano Foundation in last presented update to their Road Map, among information regarding progress in previously announced projects and we twelve new projects, we could see Ledger Wallet integration.
In partnership with Metalair, a leading blockchain consultancy, support for Cardano is being added to Ledger Wallet storage devices. This means Cardano users will be able to hold their ADA offline, through the convenient and highly secure means of cold storage. The integration process has begun, and project timelines will be added soon.
Mr Michael Parsons, the Cardano Foundation’s chairman and executive director is leading this project. He said recently:
“The ability to hold digital currency funds securely is front of mind for many users. Ledger has extensive experience in the cyber security industry, specifically with smart cards and secure embedded operating systems. This fact, combined with Ledger’s position as the leading bitcoin and cryptocurrency hardware wallet manufacturer, will provide ADA holders reassurance that their digital assets are securely held.”
Responsibility for the integration of Ledger’s cold storage wallets and the Cardano blockchain’s native token was given to Cryptonomy. It's CEO Jonathan Turrall said recently:
“We are pleased to be working closely with the Cardano and Ledger teams to deliver industry-leading security technology for holders of ADA.”
Integration with Ledger Wallet with Cardano will allow ADA holders to transfer their digital assets directly from their software wallets to Ledger’s more secure hardware wallet – Ledger Nano S. Next update to Cardano Foundation Road Map is scheduled on 5th February 2018. So then we could see the real progress in this matter.
I assume that it good the project is running, however it would take some time when Ledger Wallet will be available for ADA holders.