As a fully regulated and compliant Neobank, security is one of our utmost priorities. They are stored in a protected area of a mini controller and cannot be transferred out in plain text.
These wallets are a banking grade specification that is:
Made of EAL 5+ financial grade crypto chip which completely protects your private keys.
Equipped with Infineon CCL 6+ security, the highest-grade security issued for financial applications.
Embedded with a self-destructing and key-erasing mechanism that protects your assets from any possibilities of hacking.
Read more: https://medium.com/scallopx/scallop-wallets-and-scallop-exchange-c80103ef6fbb