Franck Muller is in partnership with cryptocurrency trading platform Regal Assets, bears a Bitcoin logo and a QR code of Bitcoin’s genesis block. It’s also called “the world’s first functional Bitcoin watch” is newly launched limited edition.
The dial effectively includes a laser-etched QR code for a public wallet address that can be used to deposit Bitcoins and check the balance of the account. To allow this secure process a sealed USB stick is included with the watch to store the private key.
How does this work?
Bitcoin wallets are made up of two parts, a public address and a private address. Most people are used to having both addresses in the same electronic device, however experienced early bitcoin adopters use a different method.
The Vanguard Encrypto uses offline generated, non-deterministic TRNGs (True Random Numbers Generated) paper wallet style storage. As mentioned this method for storing bitcoin is quite popular among long term bitcoin holders and early adopters due to its massive security advantage and peace of mind. However rather than relying on slips of papers, users can just scan their dial.
Each timepiece comes as two piece “Deep Cold Storage” set. Users can add their Bitcoin to their wallet or check their balance directly through the dial. The watch’s QR code and cold storage systems 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 Vanguard Encrypto is available in Stainless Steel, Rose Gold, Titanium and Carbon.
True to objectives, the Encrypto successfully combined technical innovation, revolutionary design and craftsmanship that represents the finest quality in the Swiss watchmaking industry allowing the wearer of the timepiece to have never before experienced, emotional and personal impact with his creation. While the watch serves not only its purpose of telling time but also acts as a gateway to accessing the millennial gold of this era. It is truly an impressive and remarkable creation.
The Encrypto can be purchased by bitcoin. For the complete line of Encrypto time pieces and other technical information, please go to www.franckmullercrypto.com