Payments firm Block is planning to include a fingerprint sensor in its forthcoming crypto wallet design, according to a Friday product update.
Block first announced its plans to build a hardware wallet in July of last year. At that time, the firm said the wallet would offer multi-signature transactions, which require two or more private keys to sign and send the transaction.
In October, Block issued the first of its update posts, which would give insight into the development of the product. In that notice, it said it was building a combination of hardware product and mobile application. The idea is that customers will primarily use the app, and leverage the hardware in combination with the app for larger transfers.
Today, the firm issued an additional update post, sharing that the wallet hardware would include a fingerprint sensor as an alternative to passwords and seed phrases.
“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…