Archos to offer physical cryptocurrency wallet

Paris – Wednesday, February 21st , 2018 –ARCHOS is providing cryptocurrency enthusiasts with the perfect hardware wallet to secure their bitcoins and other currencies, to ensure cold storage of private keys and to prevent hacking attempts. Unveiled at the MWC 2018 (Hall 6 - Stand B60), the ARCHOS Safe-T mini will be available starting June 2018, at 49.99 €.

ARCHOS is an active member of the SYSTEMATIC PARIS-REGION cluster who has created a specific branch Digital Trust & Security aiming to promote and develop worldwide champions in cybersecurity. ARCHOS Safe-T mini is in line with the dynamics of this thematic group, which, on the cryptocurrency, has partners like Secure-IC, OCamlPro or Gemalto. Digital Trust & Security has also supported and facilitated the emergence and deployment of major collaborative projects such as iTrac or MoneyTrack.

The ARCHOS Safe-T mini is the first development of the ARCHOS R&D team in this field. The team provided its expertise in securing cold storage data, and in designing and developing the ARCHOS Safe-T mini. To ensure the process traceability, the device will be manufactured in France.

ARCHOS Safe-T Mini main security specifications: It generates and stores a private key on the wallet offline and prevents hackers from gaining access to the private key while online.

It executes all crypto operations on the device, offline. It embeds a screen to display transaction information to let the holder check the transaction details before signing, for security. There is no way for hackers to modify transactions unnoticed. It restrictively requires manufacturer software on the device while requesting the set-up of a PIN code to ensure that only the owner can access and use it.

ARCHOS Safe-T mini connects easily to a computer or a mobile device using a micro USB cable. Once having set the required 4 to 9 digit PIN password, it generates and safely stores a private key. Every transaction is displayed on the screen and must be physically approved using the buttons of the wallet. It allows managing the sending and receiving of coins from other wallets in a very simple way. In case the hardware wallet is broken, lost or stolen, the holder benefits from a back-up thanks to the recovery seed key.

The ARCHOS Safe-T mini is compatible with the following softwares: Electrum, MyCrypto, GreenAddress/Greenbits and Mycelium. It supports Bitcoin, Bitcoin Cash, Dash, Litecoin, Zcash, and Ethereum and more to come.
ARCHOS Safe-T mini’s main specifications are:
CPU: 120 MHz ARM processor Cortex-M3
LCD: OLED 128x64p
Size: 58mm x 7,8mm
Connectivity: Micro USB HID 2.0
OS compatibility: Google Android, Linux, MacOS X, Microsoft Windows

In 2018, ARCHOS will start addressing vertical markets to meet the needs of cryptocurrency holders, with new features allowing users to:
Increase the security of their transactions
Gain on straightforwardness to trade cryptocurrencies
Be able to exchange easily their currencies

ARCHOS has elected DomRaider Group as its first partner. The two French companies will promote the ARCHOS Safe-T mini towards the DomRaider community.
DomRaider Group has recently completed its highly successful ICO campaign exceeding the target by selling 560 million tokens to contributors around the world. DomRaider Group introduced Auctionity, its blockchain to decentralize and to secure auctions on a worldwide scale, using its DomRaider Token (DRT) as a payment guarantee.

ARCHOS and DomRaider Group will launch a co-branded version of the ARCHOS Safe-T mini.

About ARCHOS
ARCHOS, a pioneer in consumer electronics, continues to innovate and revolutionize the consumer electronics market. Among others, the French manufacturer was first with an HDD MP3 player in 2000, a multimedia player in 2003, Google Android powered tablets in 2009, a connected Smart Home in 2014 and PicoWAN, the first collaborative network dedicated to the IoT, in 2016. Today, ARCHOS offers its own line of tablets, smartphones and connected objects worldwide. It also markets and distributes high-value innovative products associated with the tablet and smartphone markets: urban mobility, smart entertainment. With headquarters in France, offices in Europe and in Asia, ARCHOS has become a strong pan-European player and is furthering its international expansion. ARCHOS is quoted on Compartment C of Eurolist, Euronext Paris, ISIN Code: FR0000182479.