There are a quantity of bitcoin wallets on the marketplace, but none made out of wood – until now.
Primarily based in Ottawa, Canada, Charley Lazaro is a man with a penchant for woodworking. “I came up with the idea of a wood wallet whilst playing with my laser engraver machine,” he told CoinDesk.
“I founded the startup The Woody Co right here in Ottawa a handful of months ago, so I am already involved in crafting wood products and employing laser etching machines and technology.”
Lazaro is leveraging his laser tools to construct personalized wallets for bitcoin enthusiasts. He stated: “I realized it would be a excellent thought to produce one particular of the globe’s first wood bitcoin wallet, for obtain only transactions.”
It is the QR codes made by the laser etchings that make the wallets obtain-only. Nevertheless, it’s the wallets’ private touches that Lazaro believes will entice bitcoin fans.
“I hand craft lovely pieces of wood, hand-selected and hand-sanded. After that, I laser etch the user’s public wallet key, name/alias, optional organization name and QR code.”
There are a quantity of special and exciting bitcoin wallets already on the industry. There’s the brain wallet, which enables a user to retain his or her private essential in their brain alone. Then there is startup Kryptokit, which gives wallet functionality in the kind of a Chrome browser plug-in.
Yet another intriguing idea to pop up not too long ago was the nio Card, a contactless wallet that makes it possible for its customers to send and receive bitcoin employing near field communications (NFC).
Even though Lazaro had known about bitcoin for years, the figurative lightbulb in his head switched on early this year.
“I’ve been following bitcoin given that it 1st started in 2009, but I didn’t recognize its prospective till it hit about $ 13 a coin, roughly 11 months ago,” he mentioned. “I’ve heard economists like Max Keiser speak about it a lot, and that created me stay interested.”
Keiser has been a proponent of bitcoin for some time – not too long ago partnering with Simon Dixon to construct the crowfunding platform BankToTheFuture.
With more wooden styles in the pipeline, Lazaro claims this solution is just the beginning.
“I am presently designing more than 5 other types of this wood wallet idea, and will release it to the bitcoin community and globe in the next handful of days.”
Lazaro thinks that his item is unique enough to be deemed desirable by bitcoin’s supporters. “I believe the low cost point, unique style and ‘Made in Canada’ craftsmanship is adequate for individuals to accept this fantastic solution,” he mentioned.
The Woody Co’s bitcoin wallet tags are accessible right here. They are priced at $ 9.99 with shipping to North America included.
Lazaro accepts bitcoin as a strategy of payment, of course.
 
View Canadian Man Builds World’s First Wooden Bitcoin Wallet on CoinDesk.
Canadian Man Builds World’s 1st Wooden Bitcoin Wallet
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