Upcoming Ledger Apps to Solve Persisting User Problems for Hardware Hodlers

Ledger — the popular Paris-based cryptocurrency hardware wallet manufacturer — publicized its plan to launch native apps for desktop and mobile. The applications will be available for macOS, Windows, Linux, Android, and iOS. According to the proposed roadmap, desktop apps will be released first followed by the mobile apps.

Ledger Native Apps to Phase Out Chrome

The upcoming native Ledger applications are great news for customers who were previously stuck with the scant Chrome application. In 2015, the French startup Ledger released its Google Chrome application for users to fluently interact with its hardware wallet.

However, the experience was often bittersweet as the Chrome-based application lacked many functionalities. Using Chrome, users would have to install multiple apps to monitor different digital currencies.

The Ledger Nano S.

The solution to the problem is the new upcoming native desktop application. The desktop app will be a singular “unique app for all currencies.” The company blog states:

“Our initial release will bring all the current set of features supported by all our different apps, but in a unified and multi-currency unique application.”

Accordingly, users that own multiple Ledger hardware wallets will have the option to manage and monitor all wallets from one app going forward. The added dashboard feature will allow users to view their portfolio without connecting their wallet.

The Next Steps

In the second phase, the company plans to introduce mobile-based applications. The mobile apps will facilitate support for over 100+ virtual currencies. Moreover, “third party apps integration” will enable users to buy and sell digital currencies from exchanges using the Ledger app.

The company is also working on a web-based solution to revamp the Ledger Manager platform. The new feature aims to enhance the user experience by providing information on firmware, apps updates, device information, an overview of currencies, and 3rd party apps when connected to the computer. Supported browsers will include Google Chrome, Opera, and Chromium.

It seems the Paris-based hardware wallet manufacturer had zeroed in its attention on scaling its production lines for the past couple of years. However, 2018 is shaping up to be the year where the company adds new features that optimize its physical wallets.

Ledger’s Got Problems, Too

Recently the hardware wallet manufacturer cautioned its users after a DocDroid report indicated that every Ledger hardware wallet had a Man-in-the-middle flaw. The company tweeted:

“To mitigate the man in the middle attack vector reported […] always verify your receive address on the device’s screen by clicking on the ‘monitor button.’”

The report also pointed out that Ledger wallets are not efficiently designed to secure cryptocurrencies. The report states that if a device is pre-infected, users could lose their digital assets in the first transaction.

The glitch notably came to light two weeks after the company raised $75 million USD in a fresh funding round.

Is Ledger moving in the right or wrong direction? Let us know your thoughts in the comments below.

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