An Exclusive Interview With Ruben Merre, Co-Founder and CEO of NGRAVE: Exploring the Coldest Wallet, Bitcoin Bubble, and SoV Status
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An Exclusive Interview With Ruben Merre, Co-Founder and CEO of NGRAVE: Exploring the Coldest Wallet, Bitcoin Bubble, and SoV Status

Belgium-based digital security company, NGRAVE, is currently developing what could potentially be the most secure cryptocurrency hardware wallet in the world. The NGRAVE ZERO wallet and its accessories offer a user-friendly and robust solution for securing digital assets. The project has gained strong support through an ongoing Indiegogo campaign, raising over €220,000 ($242,000) by selling close to 750 wallets, surpassing the initial target of 100 units.

In an interview with Coinfomania, Ruben Merre, Co-Founder and CEO of NGRAVE, discussed the unique features of NGRAVE ZERO and why it is referred to as the “coldest wallet.” The wallet is the first crypto product to be built with firmware that has earned the highest security certification in the world, EAL7. It also offers an encrypted and recoverable private key backup solution called GRAPHENE.

NGRAVE ZERO addresses the limitations and potential security risks of existing hardware wallets. It introduces external factors, such as biometrics and ambient light, to the key generation process, eliminating the potential backdoors associated with the interior chip. Additionally, NGRAVE’s GRAPHENE solution provides a recoverable private key through a cryptographic puzzle of two separate plates. Even if one plate is lost, the unique upper plate can be regenerated from NGRAVE’s offline database.

Unlike traditional hardware wallets that are often left unused, NGRAVE ZERO features a user-friendly 4-inch screen and an intuitive mobile app called Liquid. The app communicates with the wallet via QR codes, ensuring offline communication and protection against hackers.

NGRAVE’s new hardware wallet has gained support from industry experts, including Michael Terpin and Jean-Jacques Quisquater. Merre expressed his gratitude for their validation and explained that it motivates the team to continue their work.

NGRAVE’s vision is to address the security and usability challenges in the crypto space. The co-founders, Ruben Merre, Edouard Vanham, and Xavier Hendrickx, recognized the need for an end-to-end solution in response to security failures in crypto exchanges and wallets. They aim to foster blockchain adoption by providing a secure and user-friendly platform.

Merre also shared his personal journey in the crypto industry, stating that he got involved during the market bull run in 2017. He was initially cautious due to the difficulty in evaluating the intrinsic value of cryptocurrencies. However, he started investing in crypto in 2018 and believes that Bitcoin still has a long way to go. He highlighted Bitcoin’s deflationary nature and limited supply as factors that could contribute to its store of value status. He also noted the increasing interest in Bitcoin as a hedge against hyperinflation in certain countries.

Overall, NGRAVE is revolutionizing the cryptocurrency hardware wallet industry with its highly secure and user-friendly NGRAVE ZERO wallet. The project has received strong support, and its unique features set it apart from existing solutions. With a focus on security and usability, NGRAVE aims to drive blockchain adoption and provide a robust platform for digital asset holders.

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