Difficulties with existing non-electronic paper wallets:
- Plastic or paper material is not very resilient and can be easily damaged
- Only supports one type of cryptocurrency per wallet
- Easy to tamper with, and thus having a high risk of undetected tampering and unauthorized viewing of the private keys
- Lack of mobile app to help send and manage cryptocurrency
Ballet is the world’s first multicurrency, non-electronic hardware wallet. Unlike other paper wallets, you can activate and store multiple cryptocurrencies, all in the same Ballet wallet, using the same private key. To see the supported coins, please visit https://www.balletcrypto.com/app
Furthermore, the private keys used by the Ballet wallets are two-factor, with an additional wallet passphrase that’s needed to decrypt the private key. These two critical components are created and manufactured in different countries, only coming together physically once the wallet is assembled, thus ensuring that our employees, vendors, and distributors never can get access to the full private key information.