Company Overview
Snapshot
Founded in June 2018 by Sacha Herszkorn and Yosef Mergel, TrustBlock operates with 1–10 employees. The company is focused on simplifying cryptocurrency storage through its wearable cold wallet technology, which was highlighted in July 2020 as a key initiative to make Bitcoin more accessible and stylish.
Business overview
TrustBlock connects the virtual blockchain environment with the physical world by developing bitcoin hardware featuring durable cold wallet technology. The company's core product is a wearable jewelry kit designed to simplify the storage of virtual assets, offering multi-layer security features and an easy recovery option without installation. TrustBlock serves consumers and the financial services sector, operating within the cryptocurrency, fashion, and consumer goods markets.
Strategic signal
In July 2020, TrustBlock introduced its cold wallet jewelry, aiming to simplify cryptocurrency storage and make Bitcoin more accessible. This initiative signals the company's strategy to bridge the gap between complex blockchain technology and everyday consumer use, potentially expanding the market for virtual assets by integrating them into wearable technology with enhanced security and ease of use.
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- When was TrustBlock founded and by whom?
- TrustBlock was founded in June 2018 by co-founders Sacha Herszkorn and Yosef Mergel.
- What is TrustBlock's primary product?
- TrustBlock's primary product is a wearable jewelry kit that functions as a cold wallet, designed to simplify the storage of virtual assets like Bitcoin with multi-layer security and easy recovery options.
- What problem does TrustBlock aim to solve with its technology?
- TrustBlock aims to simplify the storage and accessibility of virtual assets, connecting the virtual blockchain environment to the physical world to create a safe, stylish, and inclusive ecosystem for cryptocurrency users.
- What was a key product development highlighted by TrustBlock in July 2020?
- In July 2020, TrustBlock highlighted its cold wallet jewelry, emphasizing its role in making Bitcoin storage easier and more stylish for consumers, with features like no installation required and global compatibility.
- What security features does TrustBlock's cold wallet offer?
- TrustBlock's cold wallet offers multi-layer security features, including offline production of keys, x-ray shielding during delivery, and anti-attacking offline technology, along with a split and combine mechanism for secure transactions and recovery.