Hardware wallets

In the bold face I noticed hedge fund clients are lining up for Ledger hardware wallets. They are building apps on top of secure card.  The result is liquidity network, hedge funds themselves can provide marinal S&L for their clients.  FIDO helps here, it is a basic definition of key management so apps know how to get verification.

Ledger, one of the leading security-focused hardware wallet suppliers, has sold more than one million hardware crypto wallets in 2017, earning a profit of $29 million, the firm said in an interview with Forbes July 9....Gauthier noted that the newly launched multi-user product Ledger Vault, which is designed for hedge funds and retail investors, has already caused a stir, with “literally clients queueing outside our office to buy it.” Apart from introducing Ledger Vault, the company has recently teamed up with Japanese global investment bank Nomura Bank to develop a crypto custody solution for institutional investors. The new joint venture “Komainu” aims to deliver a digital asset infrastructure and operational framework for institutional investors.

Open banking standard are driving this compatibility.  Open Banking from UK?, is another list of the basic transaction methods.   All tis is rapid, transformational. replacing markets with bot networks.