Does Jack Dorsey's block have a bitcoin wallet?

Jack Dorsey’s Block (the company formerly known as Square) announced today that it is releasing its hardware Bitcoin wallet, Bitkey, in 95 countries. However, users can only preorder the device at the moment, with shipping starting in early 2024. The device will cost $150 USD.

How does bitkey wallet work?

Instead, the wallet employs a 2-of-3 multi-signature scheme where the user is provided with two keys: one integrated within the mobile app for everyday transactions and another stored in a separate hardware device for additional security. The third key, held by Bitkey, serves as a recovery mechanism.

Is block launching a bitcoin hardware wallet?

Global technology corporation Block is inching toward the public release of its inaugural bitcoin hardware wallet, known as BitKey.