To increase the security of the p(x)Card, it relies on the SECORA Blockchain solution. “We are thrilled to have Infineon on board for the p(x)Card project,” said David Ben Kay, President of Function X Foundation. “The team has extensive experience in developing robust security solutions and brings a high level of expertise that is critical as we move into the new era of Web 3.0. These contributions will give our users the confidence they need to break new ground. We look forward to working with Infineon to push the boundaries of what is possible.”

“We are pleased to provide a security solution that simplifies Web 3.0 payments,” said Maurizio Skerlj, Head of Identity Solutions at Infineon’s Connected Secure Systems Division. “For example, to make a crypto payment transaction, p(x)Card users simply open the p(x)Card app and enter the recipient’s wallet address or they can use NFC supported blockchain-based point of sales devices. Once the p(x)Card is swiped, the transaction is complete. The entire process is backed by hardware security, namely the SECORA blockchain.”

About SECORA Blockchain

SECORA Blockchain can encrypt data and sign transaction with a private key. The device features an integrated chip that can establish a direct and simple connection to the corresponding blockchain entry with an NFC-enabled mobile device. Unlike other solutions on the market, the signature key which is the most important user credential, is not generated on the mobile device, but is securely stored in the cryptochip. This hardware is Common Criteria EAL6+ certified and designed to safeguard user credential against physical attacks. This further enhances the security of the application.

SECORA Blockchain combines a tiny crypto chip with a radio antenna in a flat package with a total thickness of maximum 300 µm. It can be attached almost invisibly behind a label or on the product itself, making it easy to integrate. In addition, standard card form factor packages are also available. As a hardware-based solution, SECORA Blockchain has a decisive advantage over other blockchain access options: It is protected against both hardware- and software-based attacks.

SOURCE:

https://www.infineon.com/cms/en/about-infineon/press/market-news/2023/INFCSS202305-111.html

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Why integrate Polygon with p(x)Card? 

The integration of Polygon blockchain with p(x)Card offers numerous benefits and advantages for digital asset management, including:

🧿 Multi-Blockchain Support: With p(x)Card, you can now store, manage, and transact multiple digital assets across different blockchain networks, including Polygon. This eliminates the need for multiple hardware wallets and simplifies the management of your digital assets.

🧿 Offline Security: p(x)Card is a self-custody cold wallet card, which means that your private keys and digital assets are stored offline, away from the internet and potential security threats. This enhances the security of your digital assets, as well as your peace of mind.

🧿 Easy Transactions: With p(x)Card and Polygon integration, you can easily and securely transact your digital assets offline. You no longer need to worry about internet connectivity, online security risks, or complex transaction processes. Simply use p(x)Card to pay or top-up cryptocurrency, or mint NFTs directly through the p(x)Change app on XPOS, without the need for internet-connected devices.

🧿 Low Transaction Fees: Polygon blockchain offers low transaction fees, which means that you can transact your digital assets at a fraction of the cost compared to other blockchain networks. This makes digital asset management more affordable and accessible to everyone.

🧿 Customization: Customizing on p(x)Card with your NFT project’s logo, branding, or artwork can give your project a unique identity, making it more recognizable and memorable. It can also serve as a marketing tool for your NFT project. By distributing them to your users, you can create buzz and generate interest in your project, potentially attracting more NFT collectors.

About Function X 

Function X Foundation is a nonprofit, independent organization that supports the growth of the Function X Ecosystem, a next-generation internet service framework, built entirely on and for the blockchain.

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SOURCE:
https://medium.com/functionx/introducing-polygon-integration-onto-p-x-card-1849aed4362 

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