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Nokia patents new encryption device for enhanced digital asset security

On December 23, 2024, Nokia filed a patent for a digital asset encryption device, showing its commitment to the security of digital assets. This aligns with global telecom trends, as companies increasingly invest in blockchain technology.

The new encryption device employs a ‘first key’ mechanism to enhance security for digital assets. This development could significantly improve how cryptocurrencies protect private keys and safeguard against unauthorized access.

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