A. Favre & Fils, a traditional Swiss luxury watchmaker, is developing a handmade mechanical watch with built-in crypto wallet.
The company announced last week that the watch has a "cold wallet" and a state-of-the-art proprietary security solution based on blockchain technology.
Laurent Favre, CEO of A. Favre & Fils, said in a statement:
"We've developed this first clock with the idea of offering something useful to the crypto community, not just something to spend their money on."
A representative from the company told CoinDesk that, depending on the model and its characteristics and materials, the watch will cost between 100,000 and 150,000 CHF (or 102,000 - 153,000 USD).
The watch will "ensure the ultimate in data security and privacy," the company said. The first prototype will be released in the second quarter of 2019.
"You must constantly add relevant features that drive design. It's a bit like finding out the future of steam engines in the era of electric trains, "Favre quoted SWI swissinfo.ch, a news agency of the Swiss radio and television company.
Quelle: www.facebook.com/der.bitcoin
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