SINGAPORE, 16 AUGUST 2022 — Locally founded tech company UKISS Technology safeguards your digital assets, crypto assets, and documents securely with their patented recovery technology that eliminates the common pain points of conventional cold wallets.
Hugware® — the world’s first seed phrase-free wallet — officially launched at an event on 16 August, after rigorous development and testing. The UKISS Hugware® will be retailing at US$139 which comprises an Authentication Key (A-Key), a Rescue Key (R-Key), and a five year warranty.
Safe and easy to use, the Hugware® crypto hardware wallet is the epitome of state-of-the-art security that every crypto novice needs, providing a reliable recovery plan for your investments. Users can rest assured that their private keys will always be at their fingertips with this new must-have tech accessory.
Founded in 2021, UKISS Technology is a cryptography-based security startup that aims to make enterprise-trusted data and asset security accessible to everyone through Hugware® and its forthcoming ecosystem.
With over 30 years of experience in blockchain, data security and FinTech, founders James Gan, Desmond Hsu, Ben Chan and Tan Ze Chong are pioneering next-generation wallet solutions that enhance the strength of cyber protection for Web 2 users, while equipping them with the necessary tools for a gradual and inevitable transition to Web 3.
To date, UKISS Technology’s self-recovery technology has been tried and tested in the past decade amongst major FinTech players as well as leading medical healthcare providers and enterprises based in the APAC region. They also have an active community of more than 13,000 enthusiasts who regularly contribute on their Telegram channel. By developing a decentralised security ecosystem built on blockchain, UKISS Technology offers both security, convenience, and autonomy in managing digital assets.
Hugware®is a great solution for those who tend to forget or lose their seed phrase and are looking for a self-custody wallet with a simpler recovery process, thanks to its master seed synchronisation capability.
Hugware® boasts seamless key pairing, which ensures that private keys are generated and stored in the hardware while enabling backups through device pairing. That way, the seed does not have to be translated into recovery phrases and will not be exposed to human error, phishing, or theft.
Hugware®’s safe and secure technology is patented in more than 20 countries and significant markets, including the United States, Europe, China, India, and Southeast Asia. Each Hugware® comes with a Certificate of Authenticity recorded on blockchain.
Each Hugware® comes in a pair. During setup, the master seed is generated in the Authentication Key (A-Key) and synchronised with the Rescue Key (R-Key). The A-Key is used to manage crypto assets, and is the gatekeeper of your private keys. Simply plug it into your device to provide authentication or confirm transactions.
The R-Key can be kept for when users need to recover access in the future, and is your life-saving gizmo. Plug it into your device to recover private keys in case you lose the A-Key. The R-Key backs up your master seed for fast wallet recovery.
Featuring a sleek and streamlined design, the A-Key and R-key are pocket-sized, enabling users to easily carry it around wherever they go. Hugware® also comes with USB and USB-C connectors that users can plug into their devices.
Additionally, Hugware comes equipped with a security system that is programmed to lock the device after 10 failed logins. This offers an added layer of security in the event you lose either one of your keys.
The fuss-free solution supports multiple blockchain networks and is available on desktop for Windows and MacOS, and soon on Android.
UKISS Technology is also rewarding buyers of the Hugware and other UKISS services with KISS Tokens to offset their next UKISS purchase.
The multi-purpose device offers dynamic functionality with new features such as U-Archive and U-Hide in the works.
Fortify your backup in the cloud. Secure your archives without compromising on space. U-Archive is a file encryption software that protects information from unauthorised access using AES encryption with a 256-bit key generated and stored in Hugware®. U-Archive allows you to encrypt large folders in your computer or in the cloud, and only the holder of the associated Hugware® can access the archive. This software is slated to launch in September 2022.
Features:
● Multi-cloud sync
Files are locally encrypted before they are synced to the cloud, such as Dropbox, Google Drive, OneDrive, etc.
● Multi-device
U-Archive’s software licence key can be used for up to two desktop devices. ● Limitless encryption
U-Archive can encrypt as many files and media assets as you wish. No maximum size limit.
● Zero-knowledge service
UKISS Technology does not store your encryption keys or master key. These are generated and stored in your Hugware’s Authentication Key and backed up in the Rescue Key.
● Self-authenticating recovery
Connect your Rescue Key to restore access to your encrypted files. No need for recovery keys/secret keys/recovery phrases.
● Portable mode available
Encrypt files stored in your thumb drives, external hard drives, or even CDs.
UKISS Technology offers 2 years of complimentary subscription to U-Archive for every Hugware® purchase. Upon successfully purchasing Hugware®, the user will immediately receive the license key to activate U-Archive.
Hide your files while keeping them within reach. Protect your sensitive files and media assets with ease. U-Hide allows you to encrypt individual files in your computer while keeping them accessible: only the holder of the associated Hugware® can access those files. This software is slated to launch in November 2022.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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