Iotrust to Launch Card-Sized D'CENT S Cold Wallet, First New Product in 8 Years

South Korean cold-wallet maker Iotrust is set to launch its first new product in eight years.

The company said July 14 that it had opened a teaser page for a preview of D'CENT S, a card-type cold wallet. The product is scheduled for an official release on July 21.

D'CENT S is a credit card-sized cold wallet designed and manufactured in South Korea. It supports storage for about 4,900 crypto assets across more than 100 blockchain networks, including Bitcoin, Ether and XRP.

Iotrust said D'CENT S is intended to be a cold wallet users can carry in their wallet. It was designed to address a common trade-off: hardware wallets offer security but can be cumbersome, while exchange apps are convenient but do not allow users to directly hold their assets.

One of the product's key features is a backup R3covery card for cases in which the wallet is lost or damaged. Unlike existing card-type wallets, D'CENT S comes with a dedicated seed-backup card. If users lose their main wallet, they can restore their assets through the recovery function in the D'CENT app using a single backup card.

The backup card also eliminates the need to separately write down or memorize the wallet's mnemonic code. The mnemonic code is a 24-word password used to restore lost crypto assets. Iotrust said removing the dictation step shortens the initial setup process and reduces the risk of the code being leaked or lost. The company added that the change should make the product easier to use for customers who have viewed cold wallets as burdensome.

D'CENT S also includes an EAL6+ security chip, the same grade used in bank cards and electronic passports. Iotrust said the wallet's private key never leaves the card, remaining stored in the chip even if a smartphone is lost or hacked.

Users can tap the card on the back of a smartphone to complete a signature in about one second. Transaction records can be checked in the D'CENT app.

Because it is card-shaped, the device does not require cable connections or battery charging. It also features water- and dust-resistant design. Chief Executive Officer Baek Sang-su said the company focused on addressing both the convenience of a card-type cold wallet and concerns about loss. He said including a backup card as a standard component would help users strengthen asset security while making management easier.

Iotrust also began a preview event on July 14 ahead of the official launch. The company plans to select participants by lottery and give each winner one set consisting of a D'CENT S wallet and a recovery card.