Introducing Proton Wallet: A Self-Custody Digital Wallet for Crypto Transactions via Email
Swiss tech company Proton has presented a self-custody digital wallet with support for crypto transactions via email.
Proton AG, a Swiss technology company known for its privacy-focused online services, has introduced an open-source self-custody digital wallet named Proton Wallet. This new solution, currently in early access, is available on the web, Android, and iOS platforms, according to a press release shared with crypto.news.
Proton Wallet initially supports Bitcoin (BTC) transactions but may expand to include other cryptocurrencies and fiat currencies based on user feedback in the future.
One of the key features of Proton Wallet is the ability to send crypto using email addresses, even if the recipients do not use Proton Mail. Proton has also integrated with onramps that allow users to purchase Bitcoin in over 150 countries, although the partners have not been disclosed.
“By enabling us and the entire Proton community to more easily adopt means of payment which are not controlled by centralized institutions, we better insulate Proton from the risks posed by traditional finance.”
Proton
In addition to the basic version, Proton is developing a paid version called Proton Wallet Plus, which will include Proton Sentinel, a specialized security program for users at higher risk of cyberattacks. The specific technical features and release timeline for this version have not been revealed.
Proton has been actively involved in blockchain initiatives since its establishment in 2013. In late 2023, Proton Mail introduced a feature that verifies users’ public keys with intended recipients on a blockchain to enhance email security. The company has also been holding Bitcoin on its balance sheet since 2017 and accepts cryptocurrency payments.