Hash Wallet AMA Recap

Hash Wallet AMA Recap

CryptoDiffer team

Hello, everyone!

We are glad to meet here 

Co-Founder at Hash Wallet (@Danielhr)

CTO at Hash Wallet (@JRSendra)

Co-Founder at Hash Wallet

Hello! Glad to be here again

CTO at Hash Wallet

Hello everyone

CryptoDiffer team

Let`s start with introduction questions

Q1: Guys, Can you introduce yourself to our community once again to remind everyone?

Co-Founder at Hash Wallet

I´m Daniel Hernandez CEO of eSignus. As you all already know, we are developing HASHWallet, a hardware wallet for cryptocurrencies and tokens in a credit card form factor.

We aim to provide the ecosystem with a true secure solution for the custody of your private keys and enhance adoption of cryptocurrencies.

CTO at Hash Wallet

Yes, of course, my name is José Ramón Sendra, I am the CTO of HASHWallet. We have developed a credit card form hardwallet so you can use your cryptos more freely

CryptoDiffer team

Q2: Can you briefly remind what is Hash Wallet in 3-5 sentences?

CTO at Hash Wallet

An innovative hardware wallet to safeguard your crypto-assets in the shape of a convenient smart card full of premium features as easy to use as your credit card.

And this is only the first step, our goal is to be able to use it as a credit card. So, finally you can be the bank. Not only store cryptos but to use it in a everyday basis.

CryptoDiffer team

Q3: Let`s now talk about the milestones you have achieved and about your upcoming plans?

CTO at Hash Wallet

We have already developed and tested the HASHWallet Card, we have tested it again several cryptos and we are now in the final stage

So to produce it in the final form factor. We have tested them not only regarding transactions but we have done stress tests. We want HASHWallet to be in your physical wallet.

We will use the feedback from the beta testers for the final adjustments

Co-Founder at Hash Wallet

End of next month we will receive the first batch of beta cards from our manufacturer. This card will have teh same components as the final product, excepto from the eink display, that will be slightly smaller.

Once the cards are received, we will start the beta testing program, where some of the backers from our Indiegogo campaign will be involved and will receive those cards.

Meanwhile, we are finalizing our software platform, that will be also part of the beta testing program.

CryptoDiffer team

Thank you for such detailed and interesting answers!

Let’s move to the Telegram community questions part.

Cryptodiffer Community

People don’t like to be afraid that somebody will steal all their money/ Fund, can you tell us about the security of Hashwallet? What security measures has been incorporated into the wallet to ensure funds are safe against external hacks?

CTO at Hash Wallet

We use a SE with an EAL6+ certification. 

The user does not know any information that can be used to steal the funds, so there is no access to the private keys, not even the user.

 

Cryptodiffer Community

Recently HASHWallet announced their partnership with ardor. Now, what is the main purpose behind this partnership. What kinds of positive result can we expect from this partnership?

Co-Founder at Hash Wallet

The main purpose is to provide the community from Ardor a secure solution that provides a better user experience in their platform and more security than a softwallet for the custody of the private keys. Working as a team, it´s important to understand better their needs and to find the best way to solve the user cases, adoption and security.

Cryptodiffer Community

1. By being non programmable, HASH wallet cannot be actualized, that means that if I want to enjoy any improvement I have to adcquire the new version, how long ia intended to last one card? If I buy a new one, can I transfer my funds and history of transactions?

2. If I cannot use the biometric sensor (if my finger gets burned or cut) how can I access to my hash wallet card?

CTO at Hash Wallet

1.-Being not programmable means that we can not make an update so to allow arrors, so our system woks as a macro OS. To add new coins we do not need to update the firmware. The only limitation is that the crypto functions are included in the SE.

2.-You can have more people fingers stored, but if not you can recover your wallet in another one

Cryptodiffer Community

With HASHWallet being open source for anyone to contribute to the code, is there any security in place if someone codes a hack into the code to steal or create more trustee like with what happened with bitcoin private?

CTO at Hash Wallet

Being open source means that you will know how we work, but to access to the funds you only can send a formaten info. And finally the user must sing the transaction. If you don’t like what you read please do not sign it.

Cryptodiffer Community

You had an AMA here in February, Can you tell us what are the great achievements that Hash wallet has achieved since then?  What difficulties and risks you encountered during project implementation and what factors helped motivate you to overcome difficulties?

What unique features make HashWallet totally different from the hardwallets in the market ?

CTO at Hash Wallet

We have make several development steps, and we are now ready to receive the first samples to be tested.

The form factor, the recovery system and the final goal that will allow you to  use it as a credit card in a future

Cryptodiffer Community

Security & User Interface are the most Important Aspact that Users see on a device

How has HASH worked on this?

Is Wallet suitable for Newbies in the crypto field?

Co-Founder at Hash Wallet

 Security is a must when we speak of cryptocurrencies, but security without usability leads to security holes. We had this in mind form the start of the project, so that´s why we have features that enhance security and simplify the use of the security. Biometrics, What you see is what you sign compliance and connectivity so you can use it anywhere with your mobile phone. Someone that has never used a hardware wallet will be able to use it in very few steps.

Cryptodiffer Community

How will HASHWallet team convince your users/partners to use your project technology to replace/improve legacy system while they are familiar with traditional one on tradtional market?

Do you have any plan to makes visa or credit card to spend our crypto asset easly on our real life usage more simple?

CTO at Hash Wallet

WE want to be as similar as posible to legacy systems, but not to crypto legacy systems but to FIAT legacy. We want that my mother can use HASHWallet.

Of course, we want to be as similar to the use of credit cards when used in a shop

Cryptodiffer Community

Why is the hashwallet the size of a credit card and How do we use hashwallet on the Windows desktop?

Are you so confident in your security that you keep all Bitcoins in your wallet?

Co-Founder at Hash Wallet

The form factor is key if we want adoption of cryptocurrencies and expand the user cases aside form custody and trading. We must to enable also payments and mobility, that´s why we chose the credit card form factor. We come from the financial industry and know very well how difficult is adoption by users with the incorrect form factor. You can use HASWallet in your desktop using bluetooth of NFC, and yes we are very confident in our security.

Cryptodiffer Community

Do you agree that wallets connect to dApps, even though that poses risks for owners? Can we see HASH WALLET an option to connect to dApps and make it SAFE?

Buying cryptocurrencies in your wallet is trustworthy? Can I do it from anywhere in the world?

CTO at Hash Wallet

HASHWallet is a WYSIWYS system, so you will be able to sign operations. Thats the is the idea about sending macro operations

By the moment you need to use an Exchange to buy cryptos.

Cryptodiffer Community

What If the wallet Device is Lost, Broken or Stolen?

What can we Do in that situation?

CTO at Hash Wallet

You will need to recover your funds in another wallet

We want to allow our users to recover his cryptos even if they do not want to buy another HASHWallet

Cryptodiffer Community

Most of  them asking  same questions like Adoption, security, scalability, privocy, how non crypto people benefit this ,   how is the customer service , how is the development team, future plans in 2-3 years, vision and misson,  how  educate to newbies etc . So those are same quizes.

My question is whats the purpose of helding this AMA and what are the plans to give the advantages and awareness to non educate community about crypto and in which countries do you focus to establish this projet ?

Co-Founder at Hash Wallet

To have feedback from the crypto community is very important for our project, not only in terms of support, but also to understand better your needs and doubts, that´s why we do this AMA. At the moment our most important market is USA and the EU, but we think that Asia will be a game changer for the crypto world n the next years.

Cryptodiffer Community

Why not even the user can’t know the private key? I understand that if nobody knows, nobody could steal it, but what happen if i lose my HASHWallet? Couldn’t i never recover my funds?

Is HASHWallet available for Latin America?

CTO at Hash Wallet

To recover your funds you only need the recovery systems. You will never know the private keys (no hardwallet in the marked allow that)

Of course, we will be available all over the world

Cryptodiffer Community

To recover your funds you only need the recovery systems. You will never know the private keys (no hardwallet in the marked allow that)

Of course, we will be available all over the world

Co-Founder at Hash Wallet

I think that softwallets have their user cases, and in some we are competing for the users and in some we complement services for the users. The great thing about crypto is that you have the power and the responsibility to decide how many risks you want to asume. From the point of view of staking, is more a question of the chain than the wallet in terms of benefits. We will support staking in HASHWallet also.

Cryptodiffer Community

Will there be discounts on transactions for using the Credit Card from Hash Wallet? What will be the benefits and In which countries will be it available??

Will the HASHWallet Card be linked to VISA / MASTERCARD?

CTO at Hash Wallet

We will use a direct connection with DeXs and we will try to be as cheap as possible

Yes we will start the certifications soon

Cryptodiffer Community

How safe is HASHWallet? Is it enough to make users safe, reduce the risk of losing money and personal information?

CTO at Hash Wallet

HASHWallet is unbreakable. Why? We use am EAL6+ SE and to access to it you must destroy the card. the SE will be out of service and no information will be readable.

Cryptodiffer Community

Recently in Many Posts & Articles it mentioned that If any Hacker got physical access of Hardware wallet then they can generate Private keys very easily from Hardware wallet So, How HashWallet can prevent this?

Co-Founder at Hash Wallet

You are speaking of the recent articles related to Trezor. This problem was found in the secure element they used (EAL 5 secure element). We are using an EAL6+ secure element, that is not vulnerable to those kind of attacks, and are used for national identity systems by countries. So using the best secure elements posible is key here.

Cryptodiffer Community

Currently, there are many prominent cryptocurrency decentralized hardware wallets including (trezor wallet, ledger ..) so what are the advantages of HASHWallet wallet with the above wallets to attract users?

CTO at Hash Wallet

The form factor and the final goal. WE do not want to be a safe but a way to integrate cryptos in the real life. With the present hardwallets you can only HODL cryptos.

Cryptodiffer Community

Why do people need HASHWallet when there are already cards from Crypto.com?

What is innovative about your key generation and recovery system and how to recover my crypto if I lose the Smart Card?

CTO at Hash Wallet

Crypto.com and many other are a dual system that needs to pass through a concrete crypto, not HASHWallet.

Our recovery system is stress free for the user, and if you lose your HASHWallet you can buy a new one or recover your cryptos in another wallet (more info soon)

Cryptodiffer Community

In recent years, many crypto currencies, stock exchanges and wallets have been subjected to hacking attacks.

Does this doubt scare you and your team?

In the event of potential hacking, what procedures will your team implement to secure your users’ assets?

Co-Founder at Hash Wallet

That´s the great thing about decentralyzed security. Each user has the acces to their keys, but we dont know anything about the user or hold any keys. So if someone want´s to hack us, they will get nothing usefull to access any funds.

Cryptodiffer Community

How is the process at the moment of recovering the HASHwallet through its innovative system? Can it be complicated for the user?

How has eSignus reached the real world and how good has the user acceptance been? Do you think you have managed to meet expectations?

CTO at Hash Wallet

Its really easy for the user. He only needs to put the recovery card over the new HASHWallet and to authenticate. 

We need to show the final device so people can know the real advantages, we have seen that crypto people is more conservative than we thought

Cryptodiffer Community

1. I want to know more about your marketing strategy. How would you sell @HashWallet to me, not as a crypto enthusiast but as an individual that has a short grasp of what cryptocurrency is? Sell it to me. 

2. Are there any target specific users that @HashWalletis aiming to serve? Will the project’s technology be easy for participants to use but still guarantee a transparent and balanced way towards the project?

Co-Founder at Hash Wallet

Hi Josh! Uhm. To buy security, you have to understand the risks. Any crypto user is responsible to setup their security strategy. If you want to use your cryptos, with the easy of use of your credit card, but with the security of a Swiss Vault, you have only one choice @HASHWallet.

Cryptodiffer Community

What is your long-term vision for the industry Hashwallet is working on? Are you worried that one day there will be another project with more innovative technologies that can replace Hashwallet?

CTO at Hash Wallet

Of course, we need to improve everyday to be a front runner. The industry moves quickly and that is good for everybody.

Cryptodiffer Community

Data error could happen almost in every platform, is there any lossing money/fund cause by accidently error, is there any user fund insurance by Hash Wallet?

Do you have any plan to makes gateway for real Fiat Deposite and minted to crypto fiat  on hash wallet?

Co-Founder at Hash Wallet

Transactions in a Blockchain are really very straightforward, and the is not a lot of complexity. Nevertheless, as a company we have our insurance related to the product. From the point of view of the fiat money, we are working to provide a solution for both worlds, but will come later in 2021.

Cryptodiffer Community

Q1. Your crowdfunding campaign with Indiegogo has been a HUGE SUCCESS, reaching 75% of your funding goal. 

Tell us, how were you able to achieve such a milestone and would you still receive funds even if you were not able to meet up with the €50,000 funding goal in next 4DAYS?

Q2. I’m from Africa. If I pre-order for the hardware wallet, how soon can I receive it? Is it FREE Shipping to Africa?

Do I get cash-back or some benefits/perks when I place an order for the HASH wallet?

CTO at Hash Wallet

We have no cash problems because we have a big investor. We thought we will sell much more but people want to touch the final product. That is our goal now.

Ypu can preorder form Africa or wait to December to buy directly, the only difference is price.

Cryptodiffer Community

What is the difference between Recovery Key and Recovery Seed? in the end could Hash Wallet have access to our funds?

To which parts of the world do you offer Haswallet shipments?

Co-Founder at Hash Wallet

We ship worldwide. The recovery seed and the recovery key are different elements for the recovery system of HASHWallet. Ypu need both to recover the card, and with one you can not deduct the other. We have no information of the recovery elements, only you and the ones you provided the right information would be able to recover your wallet.

Cryptodiffer Community

How do you think with Asia market? Does Hash Wallet team have any plan approach VietNam which the potential market in crypto, there have many great teams and investors want work and earn money from crypto?

The market today has a lot of development projects on the Blockchain platform. One of the factors that makes the platform appealing to many users is its special features. So, what are the outstanding features and advantages of # Hash Wallet to attract users and investors?

CTO at Hash Wallet

We have been contacted from several asian distributors and we will produce from Thailand so no problem with Vietnam

We want that HASHWallet was a everyday use device not a safe, that is our main difference.

Cryptodiffer Community

Phishing attacks are still a significant and big trap for crypto users. Recently a few weeks ago, A hacker created a fake Ledger Extension on google chrome and  15000$+ Zec coin was stolen from the one user. Could you explain to me which types of security HASHWallet provide to prevent users from such?

CTO at Hash Wallet

You will need to have your device activated, read the info on the screen and accept it with your fingerprint. I suppose you will be aware that it is not your operation.

Cryptodiffer Community

How much of the HASHWallet Wallet code is open source?

Do you have any plan to launch own token like Atomic’s AWCm Trust’s TWT?

CTO at Hash Wallet

Our code is not open source at the moment. We are working on this to release the code so anyone can inspect it. Would you be interested in buying a HASWallet token with a similar valu proposition?? Would like to hear your feedback and why.

Cryptodiffer Community

How much of the HASHWallet Wallet code is open source?

Do you have any plan to launch own token like Atomic’s AWCm Trust’s TWT?

CTO at Hash Wallet

Our code is not open source at the moment. We are working on this to release the code so anyone can inspect it. Would you be interested in buying a HASWallet token with a similar valu proposition?? Would like to hear your feedback and why.

Cryptodiffer Community

Can you describe in detail current development efforts, market expansion plans, expected applications, and when will they become commercially available?

Co-Founder at Hash Wallet

We are working in the manufacturing side with our partners and will start our beta testing program soon.We expect to ship the first batch of HASWallets in December and we will have a software platform that will be updated constantly to include as many services as posible to facilitate the use of your cryptos.

Cryptodiffer Community

 As we know that Crypto provides us freedom against government surveillance and monitoring, however, a lot of people are still hesitant against using crypto because they lack  information on the benefits of using crypto over traditional Fiat. What’s Hashwallet doing to increase the adoption of cryptos?

Can you explain how I can easily interchange cryptos anytime with the Hashwallet Manager? I’m aware it’s possible

CTO at Hash Wallet

We want that your cryptos are an interchange system not a simple safe. That is our way to increase adoption.

The intercharge will be made in a DeX (I hope) once the operation is defined you will sign it in HASHWallet

Cryptodiffer Community

You said that HASHwallet is the first non-programmable hard wallet, could you elaborate more what does it mean and how can this be more advantage than programmable hard wallet?

CTO at Hash Wallet

A programmable hardwallet needs to be updated to introduce a new coin that means changing the firmware. Any firmware change opens a door to errors. We will solve this problem with a macro operation transmission that allows to include new coins without changing the firmware.

Cryptodiffer Community

You said that HASHwallet is the first non-programmable hard wallet, could you elaborate more what does it mean and how can this be more advantage than programmable hard wallet?

CTO at Hash Wallet

A programmable hardwallet needs to be updated to introduce a new coin that means changing the firmware. Any firmware change opens a door to errors. We will solve this problem with a macro operation transmission that allows to include new coins without changing the firmware.

Cryptodiffer Community

You said that HASHwallet is the first non-programmable hard wallet, could you elaborate more what does it mean and how can this be more advantage than programmable hard wallet?

CTO at Hash Wallet

A programmable hardwallet needs to be updated to introduce a new coin that means changing the firmware. Any firmware change opens a door to errors. We will solve this problem with a macro operation transmission that allows to include new coins without changing the firmware.

Cryptodiffer Community

What a great idea !!, it really is fantastic to be able to design this Smart Card system to have much more security, but what differentiates this project from that of BALLETCRYPTO?

Apart from the biometric system, what other means of security will this wallet have? if another has my fingerprint and my card can I easily withdraw my money? will there be any other 2F system?

Co-Founder at Hash Wallet

We are speaking of a different product here. Balletcrypto supports only on token per card. With HASHWallet you have support of all the top cryptocurrencies in one card, and can create as many wallets as you need. Cloning a fingerprint with the sensor we are using is extremely difficult and costly. From a risk perspective (if someone has all those resources) it makes more sense to force the owner to move the funds than to clone the fingerprint (if they could).

Cryptodiffer Community

Congratulations HASHWALLET team for another big milestone since last AMA with Cryptodiffer (the project already raised 75% of the goal via Indiegogo with the support of 190 backers), so what are your next plans? What do you intend to do to bring mass adoption for the project?

CTO at Hash Wallet

Test the devices with beta testers and spread the word, so real people can see the final device working and let them buy an operational device instead a future device.

Cryptodiffer Community

To Run a project smoothly, Funding is very important, So where does the Funding/revenue come from ?

Co-Founder at Hash Wallet

We have Angel Investors with us in the team, that are supporting the project and believe in teh project and in the team.

Cryptodiffer Community

What is the technology behind Hash wallet?  Is the trust wallet your opponent?

CTO at Hash Wallet

Our difference is in the day to day use more than in the technology inside. That means third party agreements. We see a lot of competitors, but not the same focus than HASHWallet. Can this change? I hope so, that will mean we are in the good path.

Cryptodiffer Community

How long is the life-time of HASHwallet’s battery? How do you support users if the battery is worn out?

Co-Founder at Hash Wallet

The battery should have a lifetime of a minimum of 5 years. If something happens with the cards and it does not work, you can always recover it with the recovery elements. Our customers will have a preferred price for updates or new purchases.

Cryptodiffer Community

Do you consider that HashWallet can revolutionize the way we store and spend our cryptos or is it just one more alternative for the market?

CTO at Hash Wallet

We want to revolutionize the way to use the cryptos in a daily basis we do not want to be a safe for cryptos.

Cryptodiffer Community

As I know, the HASHWallet seed is split into two parts, what happens if one of them is stolen?

CTO at Hash Wallet

If you store both parts and one is stolen you have lost your coins. If you let us to store one part you only have to be sure not to lose your one, If we lose ours we will reimburse your coins.

Cryptodiffer Community

Fire Proof are major pain points of hardware wallets, does HASHWALLET Meet these 3 pain points and does it SUPOROT Staking/Swaps

HASHWallet has entered in the Arrow Certification Program. Tell me, what kind of certification program is this and what benefits does the HASHWallet get from this?

Co-Founder at Hash Wallet

Some of these risks can only be mitigated with the recovery system. With our product you can stablish your plan to mitigate those risks without giving all the keys to someone else. We support Staking. The Arrow certification gives us access to a top worldwide technology company, and helps us with the certification of the product and securing the sourcing chain of the components.

Cryptodiffer Community

Do you have any statistics page for how many wallets are generated per coin or token or how many coins or tokens a certain wallet holds? Do users have the private keys to coins in the Hash wallet? how safe is the private key?

CTO at Hash Wallet

No, but you wil be able to generate as much as you want.

The seed is stored in the HASHWallet the wallets are regenerated when needed.

Cryptodiffer Community

Do you have any statistics page for how many wallets are generated per coin or token or how many coins or tokens a certain wallet holds? Do users have the private keys to coins in the Hash wallet? how safe is the private key?

CTO at Hash Wallet

No, but you wil be able to generate as much as you want.

The seed is stored in the HASHWallet the wallets are regenerated when needed.

Cryptodiffer Community

Q1: HASHWallet is a great idea with a lot of potential and attractive features for the users. Can you tell us more about the vision of Hash Wallet for the future?

Q2: Using of cryptocurrencies in Latin America have been increasing lately. What’s the role of HASHWallet in this matter? Do you have specific plans for popularizing HASHWallet in this region of the world?

Co-Founder at Hash Wallet

Freedom = Responsability and we have had a lot of problems in the crypto space with fraud and loses related to the custody of the private keys. Because of this, adoption has not increased as much as expected. We see HASHWallet as a way to enable new user cases (adoption) and easy of use in the actual and future user cases (adoption) with total security. Q2: Yes we have plans for South America. I´m originally from the Canary Islands and we have a lot of connection with Venezuela. We know what´s happening in many countries there. At the end of the year there will be news related to that.

Cryptodiffer Community

If there’s a self-destroy feature, are the funds recoverable in some way by the genuine user ? (Regardless if it was an attack or if the device simply got damaged Because if no recovery option, there’s an entirely different attack : purposely make someone lose their funds.

CTO at Hash Wallet

The recovery system is isolated from the HASHWallet. If your HASHWallet is damaged nothing happens to the recovery system.

Cryptodiffer Community

Q1- If our HASHWallet gets wet can it be damaged? It is waterproof?

 

Q2- Why did you choose to partner with CardLab for the development of the hardware wallet? Why CardLab? What are the benefits it provides?

CTO at Hash Wallet

If it is only wetting there is no problem. But it is not IP68 so please do not dive with the HASHWallet.

They have previous experience and offers us some strengths that let us to focus on our goals.

Cryptodiffer TEAM

Thank you @Danielhr @JRSendra for your time!

Great AMA! Thank you everyone who participated!

CTO at Hash Wallet

Thank you for your questions.

Co-Founder at Hash Wallet

Thanks!!! It has been a pleasure!! 

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