When navigating uncharted spaces in today's metaverse, it has become even more important to ensure that users and assets remain safe and secure. In this situation, the flagship crypto hardware wallet NGRAVE ZERO is the only financial product with the highest security certification EAL7 in the world, a secure hardware wallet for crypto storage.
Korea IT Times sat down with Ruben Merre, co-founder and CEO of NGRAVE, a digital asset security provider for blockchain and crypto use cases. Ruben Merre talked about why security needs to be front and center as real, online, and virtual worlds increasingly collide, and the security issues users currently face, why does the increasing use of digital items, NFTs, and crypto online make this an even greater concern. Ruben was selected for Belgium's 40 under 40. He was also nominated in Google/PWC/Trends' Digital Pioneer 2020.
Could you please tell us about NGRAVE and its mission?
NGRAVE is the creator of the most secure consumer crypto hardware wallet. Our flagship product NGRAVE ZERO is the only financial product in the world that features the highest security certification EAL7, making it the world's most secure hardware wallet for crypto storage. Our mission is to empower people to master their wealth, so they can live the life they want.
In 2021 alone there were more than 20 crypto exchange hacks where the hacker escaped with more than $10 million in profit. We want to protect users against issues like these. Unfortunately if users are keeping their assets in hot wallets that are connected to the internet in any way, they are at risk. Our wallets are completely offline, making them far more secure.
We saw NGRAVE recently entered the metaverse, please tell us more.
In partnership with Boson Protocol, we are selling our physical crypto hardware wallets in the Metaverse as part of the esteemed Metaverse Fashion Week which took place on 24-27 March. Our virtual store sits on a boulevard of shops in Boson Portal, a metaverse marketplace for buying luxury and exclusive physical products as NFTs, located in Decentraland. Visitors can purchase the NGRAVE COMBO, which includes ZERO, a military-grade offline touch-screen hardware wallet with the highest security certification in the world, EAL-7, as well as GRAPHENE, an encrypted metal paper wallet replacement to ensure users never lose their private keys. The store will remain open in the upcoming weeks, you can visit it here.
Why was it important for your company to take part in Metaverse Fashion Week?
As the lines between physical and virtual worlds increasingly blur, and the metaverse continues to boom in popularity, incidents of hacks and theft keep increasing. It’s imperative that we don’t repeat the mistakes of our Web2 past as we move into a new era of decentralization. There’s a need for better security around digital assets and our products are providing a solution.
