As Cardano Summit 2023, the special competition for all early-stage Cardano (ADA) startups, begins in Dubai, United Arab Emirates (UAE), one project has received particular attention – the world’s first-ever hardware cryptocurrency wallet in the form of a stylish ring.

In fact, Tangem’s brand-new cryptocurrency cold storage product is the first jewelry-style cryptocurrency wallet ever. It made its debut at the Cardano community’s annual summit on November 3, and on that day, fans got a first look at its unique features and characteristics.

As previously announced, the participants of the workshop received their own Tangem Ring and wallet for free to take these products for a test ride and become the first owners of the ring-shaped hardware wallet before its public sale. 

At the same time, the Tangem development team revealed more details on Tangem Pay, the first self-custodial payment card in the crypto industry with cold storage that combines crypto savings with making fiat payments using one of the 95 million Visa (NYSE: V) terminals across the world.

Earlier this year, Finbold reported on the Zug, Switzerland-based company Tangem first unveiling its plans for a comprehensive product upgrading and rebranding initiative aimed at bolstering its market presence within the hardware wallet industry, including the VISA certification for its payment solution.

Specifically, the team at Tangem revealed in August that these efforts would include several enhancements to the product design and the hardware wallet, as well as a detailed overhaul of the Tangem app, the development of a fresh brand style guide, the introduction of an updated logo, the creation of new cards, and the design of new packaging. 

According to Source of photos: internet