Franck Muller launches the Encrypto, the world’s first functional Bitcoin watch, in partnership with Regal Assets.
The Encrypto watch was designed by Franck Muller with the Bitcoin universe in mind. The dial itself was tastefully designed using the QR code of Satoshi’s Genesis Block address. A custom designed B within an emblem of circuitry, while the laser etched public wallet address elegantly sits as a QR code in its polished frame. Customers can customize both the dial and the band of the watch. Some models even include precious metals and diamonds in the dial and frame.
Each timepiece comes as a two piece “Deep Cold Storage” set, with its own unique public address etched on the dial and a sealed USB containing the private key. Users can add their Bitcoin to their wallet or check their balance directly through the dial.
The watch’s QR code and cold storage system were designed in partnership with Regal Assets, a renowned crypto investment company with offices in the US, Canada, the UK and the UAE. Regal Assets made headlines in 2017 by being the first company to receive a government-issued license to trade cryptos in its deep cold storage vault, as covered by Bloomberg.
The watch’s cold storage wallet uses offline generated, non-deterministic TRNGs (True Random Numbers Generated) that cannot be hacked. The method for storing Bitcoin is quite popular among hodlers and early adopters due to its increased security and peace of mind. Rather than rely on slips of paper, users can scan the QR code on their watch to check their balance and deposit BTC in their personal safe, or their fully insured deep cold storage vault if they are buying BTC from Regal Assets.
The Encrypto will be a limited-edition series, with a maximum of 500 units of each version available online.
What about other altcoins? Erol says that Franck Muller is currently looking into Ethereum and the top five coins, including Ripple XRP for future models.