# ZPER Secures Crypto Mobile Wallet with Trustonic
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-04-26
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: Trustonic Security Solutions for ZPER's Ultra-Secure Cryptocurrency Wallet
Meta Description: Protect your digital assets with ZPER's ultra-secure cryptocurrency wallet powered by Trustonic, the leader in mobile security solutions. Launching in
URL: https://financedigest.com/zper-secures-crypto-mobile-wallet-with-trustonichtml

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_Leveraging Trustonic hardware device protection, ZPER’s blockchain-based wallet is the first to securely isolate cryptocurrency value on devices_

Following an increase in incidents such as the January 2018 theft of [$425 million from Coincheck Inc](https://uk.reuters.com/article/us-japan-cryptocurrency/hacked-tokyo-cryptocurrency-exchange-to-repay-owners-425-million-idUKKBN1FH03D), ZPER, the decentralised peer-to-peer (P2P) financial ecosystem, is launching the most secure cryptocurrency wallet available. ZPER is achieving this by embedding advanced security solutions from app and device security leader, Trustonic, to provide best-in-class protection. This move is in response to growing concerns about the vulnerability of cryptocurrencies when stored in exchanges.

ZPER is a blockchain-based decentralised lending and investment platform, whose [prime focus is the democratisation and transformation](https://www.financedigest.com/crossing-the-rubicon-why-cross-border-payments-are-primed-for-transformation.html "Crossing the Rubicon: Why Cross-Border Payments Are Primed for Transformation ") of the P2P lending environment. ZPER’s cryptocurrency wallet will launch in 2019 and, as it is ultra-secure and protected by Trustonic’s hardware and software security, it will store value on the user’s smartphone, rather than in the cloud. The wallet will also be unique in its ability to store and [exchange multiple cryptocurrencies](https://www.financedigest.com/verasity-vra-lists-on-tier-1-cryptocurrency-exchange-crypto-com.html "Verasity $VRA Lists on Tier-1 Cryptocurrency Exchange Crypto.com"), thus enabling P2P cross-border value exchanges.

The [Trustonic Application Protection (TAP)](https://www.trustonic.com/solutions/trustonic-application-protection-tap/?utm_source=iseepr&utm_medium=PR&utm_campaign=TAP) solution offers the best possible security for cryptocurrency mobile wallets on every device, as the user’s private key is stored in hardware, when available. TAP creates a trusted device ID, enabling authentication of all parties involved in a transaction and ensuring that all confidential [information is protected and secure](https://www.financedigest.com/the-importance-of-information-security-in-a-post-pandemic-hybrid-working-world.html "The importance of information security in a post-pandemic hybrid working world"). More than 1.5 billion devices are already equipped with the Trustonic Trusted Execution Environment (TEE)\* to [deliver hardware level security](https://www.financedigest.com/managing-compliance-complexity-will-deliver-security-rewards.html "Managing compliance complexity will deliver security rewards"), while devices without a TEE can leverage the most sophisticated software protection available, including white box cryptography and code protection techniques.

Joon Bum Kim, CEO of ZPER, comments: “From the beginning, ZPER has prioritised security in cryptocurrency, because, without a solid security foundation, our product is not scalable. Until now, [mobile financial services](https://www.financedigest.com/rebound-in-the-oil-gas-exploration-and-production-activities-to-boost-mobile-servicing-rig-market-fact-mr-report.html "Rebound In the Oil & Gas Exploration and Production Activities to Boost Mobile Servicing Rig Market, Fact.MR Report") required separate security tokens and OTP generators, which were costly for financial institutions to implement and had a negative impact on the user experience. Trustonic’ssolution [solves this security problem](https://www.financedigest.com/solve-a-problem-you-know-and-live.html "Solve a Problem You Know and Live") by enabling simpler, faster and safer financial transactions using the consumer’s smartphone.”

Trustonic’s CEO, Ben Cade, added: “Consumers expect to be able to manage their lives on their smartphones and it is up to us as [advanced technology innovators](https://www.financedigest.com/product-innovations-and-advancements-in-technology-to-boost-automotive-ignition-system-market-growth.html "Product Innovations and Advancements in Technology to Boost Automotive Ignition System Market Growth") to make that happen in a scalable and user-friendly way, while always addressing security concerns. TAP provides the best app security available, coupled with an excellent user experience. Its ability to achieve these goals is driving [huge demand](https://www.financedigest.com/title-interventional-pulmonology-market-shows-huge-demand-and-future-scope-including-top-players-2031.html "Interventional Pulmonology Market Shows Huge Demand and Future Scope Including Top Players 2031") from across the financial sector and ZPER’s cryptocurrency wallet is a perfect example of what can be achieved.”

Learn more about how [Trustonic Application Protection](https://www.trustonic.com/solutions/trustonic-application-protection-tap/?utm_source=iseepr&utm_medium=PR&utm_campaign=TAP) could protect your digital service.


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