Difficulties with Electronic Physical Wallets
- Complicated setup process
- Electronics can suffer from components failure
- Battery or power issues
- Hardware compatibility issues
- Fragile and not durable
Current existing electronic physical wallets only support single cryptocurrency per wallet, whereas Ballet supports activation of multi-cryptocurrency on the same wallet. In addition, Ballet was purposely designed to not include any computer chips or electronic circuitry. The reason is that NFC and other electronic components have reliability and compatibility issues, and therefore is not suitable for long-term storage of your cryptocurrency investments.