Ledger has released the Nano Gen5, priced at $179, designed for identity management in an AI-driven world

ChainCatcher news, according to CoinDesk, cryptocurrency hardware wallet provider Ledger has conducted a comprehensive update of its product line to position itself for the new "era of ownership."

The launch includes a redesigned flagship device, the Ledger Nano Gen5, an upgraded Ledger Live application, and the Ledger Enterprise Multisig platform aimed at institutional asset management. The new Nano is no longer just a cryptocurrency wallet; Ledger refers to it as a "signer," a repository for digital assets and identity, reflecting the company's shift in understanding the core of security in the digital age.

As a secure signing device, it can handle cryptocurrency transactions, smart contracts, and identity verification. It supports "clear signing," allowing users to verify transactions directly on the device before approval. It also features Bluetooth and NFC capabilities for mobile signing, and the recovery key provides additional security for asset recovery, priced at $179/€179.