Ledger’s second ‘Flex” Touchscreen-focused Product

Ledger, the renowned crypto hardware wallet company, has once again made headlines with the introduction of its second touchscreen-focused product of the year, the Ledger Flex. This announcement comes on the heels of the earlier release of the Ledger Stax, marking a significant step in the company’s product lineup refresh for 2024.

With a touchscreen interface, the Flex aims to make self-custody of digital assets more accessible and intuitive for consumers and enterprises alike. This move is not just about staying ahead in the technology race; it’s about shaping the future of how we interact with and secure our digital identities and assets.

The Paris-based firm has been a pioneer in the crypto security space since its inception in 2014. Over the past decade, Ledger has sold approximately six million devices, securing more than 20% of the world’s digital assets. The new Ledger Flex, along with its sibling product Ledger Stax, designed by Tony Fadell—a key figure in the development of the iPod—represents a leap forward in hardware wallet technology.

One of the standout features of these new products is their touchscreens, which offer proof-of-humanity and proof-of-identity capabilities. In an era where the lines between reality and fiction are increasingly blurred, especially with the rise of AI, such features are crucial for ensuring the security and authenticity of user interactions.

Furthermore, the Ledger Security Key app, compatible with both the Flex and Stax, introduces two-factor authentication and passkey capabilities, enhancing the security framework for users. Ledger’s CEO, Pascal Gauthier, emphasized the importance of these developments in a recent statement, highlighting the inadequacies of smartphones and laptops in terms of fundamental security features necessary for the upcoming era of digital asset management.

Key security features that set the Ledger Flex apart:

Secure E Ink® Touchscreen: The Ledger Flex boasts a Secure E Ink® touchscreen, which is a significant upgrade in terms of security and usability. This feature ensures that users can securely verify and approve transactions directly on the device, providing an additional layer of security against remote attacks.

Ledger’s Secure OS: Powering the device is Ledger’s proprietary Secure OS, which is designed to protect against a wide array of sophisticated attacks. This operating system is the backbone of the device’s security, safeguarding your digital assets from unauthorized access.

NFC Capabilities: Near Field Communication (NFC) technology enables the Ledger Flex to communicate with other devices wirelessly, allowing for convenient and secure transactions. This feature simplifies the process of transferring information between the wallet and other NFC-enabled devices.

Two-Factor Authentication (2FA): The Ledger Flex supports 2FA, which adds an extra layer of security when logging into various platforms. This means that even if a password is compromised, unauthorized users would still need access to the physical hardware wallet to gain entry.

Passkey Capabilities: Moving beyond traditional passwords, the Ledger Flex introduces Passkey capabilities. Passkeys offer a more secure alternative, eliminating the risk of phishing and other password-related security threats.

The introduction of Ledger Flex follows a challenging period for the company, which endured a supply chain attack on its ConnectKit in December. Despite this setback, Ledger’s proactive response and commitment to making victims whole demonstrate the resilience and dedication to customer security that the company stands for.

As we look to the future, Ledger’s vision is clear: to reshape how hundreds of millions of people own and manage value. The crypto revolution is upon us, and with innovative products like the Ledger Flex and Ledger Stax, Ledger is positioning itself at the forefront of this transformative movement.