Block’s Bitcoin Wallet Will Contain a Fingerprint Sensor for Transactions

Payments firm Block (SQ), formerly known as Square, said the bitcoin BTC$71,146.36 wallet it is building will enable fingerprint sensors for transactions, according to a company blog post on Friday.

• “For transactions that require using the wallet hardware, we want our customers to be able to unlock their wallets securely, but with ease – an unlikely combination that historically has not existed in the market,” the company said in the post.
• The hardware component of the wallet will use a rechargeable lithium polymer battery and USB-C port to power the device.
• The wallet will not have a display as Block said it doesn’t want to create a new interface that customers will need to learn in order to use the wallet.
• Block announced in July that it was moving forward with plans to build a bitcoin hardware wallet.

Read more: Block’s Cash App Launches Feature Allowing Users to Gift Bitcoin