Block formerly known as Square announced the enabling of a fingerprint sensor in its bitcoin (BTC) wallet for transactions.
As per the official statement, the wallet will be simple to use and to unlock the wallets securely and easily- is described as an ‘unlikely combination to have ever existed in the market historically’.
Thus, for a seamless authentication process, the firm plans to introduce a fingerprint sensor into the wallet hardware instead of PINs, passwords, and seed phrases.
In addition to these software developments, Block plans to incorporate a rechargeable lithium polymer battery and USB-C port for the device. There are also plans to build the hardware without a display as they look forward to making the mobile application the centre of the experience for easy, familiar, intuitive interactions.
Further, the statement reveals about its latest recruit which includes Lindsey Grossman as the business lead, Cheng Lin Saw as the head of global supply.
Also, the three software engineers onboarding the Head of Software Engineering Justin Williams’ team are Kirill Zhukov, Allison Moyer, and Scott Robinson.
Dorsey’s Digital payments firm took a turn to cryptoland when Square rebranded itself as Block, a reference to the firm’s strong interest in blockchain and cryptocurrency technology in December. And since then, it has been a good journey for the firm!