About2019-08-19T23:48:01+00:00

One Global Currency

We want to make it possible to walk into a shop, buy a cup of coffee and pay for it with bitcoin even if the merchant doesn’t accept it.

We are building the lastbit Go to prove to the world that crypto as a currency is the future much like how Tesla built the Roadster to prove that electric cars are the future.

LASTBIT GO

Micro-SD

Secure Element

Secure Flash

Security and ease of use is at the core of the Go. Using the latest advancements in microcontroller security we are able to allow the user to safely store funds offline for the long term on a secure element (micro-SD card) while always still being able to spend funds from an on-chip secure wallet isolated by ARM’s TrustZone, all derived from the same mnemonic encrypted and stored on your micro-SD card and on paper. The Go talks to our mobile application via BLE.

Help us make crypto mainstream!

OUR STORY

As of December 2018, we are a 7 month old company and a team of 5 developers (all of whom have a background deeply rooted in Computer Science and Engineering) and 2 advisors. Lastbit started off as an idea in September 2017 when I (PB) was pursuing a Masters in Computer Science at ETH Zurich in Switzerland. I was simultaneously working with a Swiss payments company and built their entire blockchain tech stack from scratch and during this time saw a huge gaping void between crypto and fiat currencies even in the most financially advanced country in the world. I subsequently began working on building an IOT enabled ultra-secure hardware wallet that can be used to pay at POS terminals and eventually left ETH to pursue this full time. Having spent the first half of 2018 moving back home and working out of my bedroom to build a first prototype before looking for investors, in September 2018 we were accepted into the Buildit Hardware Accelerator in Riga, Latvia and the Brinc Accelerator in Hong Kong, both of whom have invested in us and given us massive invaluable insights into what it takes to build a hardware company, manufacture and scale.

Now, our sole focus is on completing the engineering of the lastbit Go. We believe in complete transparency and being a team of crypto user(s) since the early days, we want your feedback on how to make the world’s most secure and friendliest device before we start mass manufacturing!
Our end goal still remains the idea of being able to walk into a shop and spend crypto even if the merchant doesn’t accept it – without compromising on the ideals of Bitcoin, i.e. imagine being able to tap your ledger/trezor wallet against a credit card machine and pay with bitcoin instantly!

The lastbit Go is step 1 in realizing this goal. We have three devices envisioned in our family and the lastbit Go is our first tiny step into this space. Once we have enough users, we launch the second generation device which essentially augments all existing hardware wallets (including the lastbit Go) to let you spend crypto instantly at any POS terminal, straight out of your hardware wallet.

We are a team of  developers and friends who studied together and now live and work together

Prashanth B

CEO/CTO

Hardware/Software engineer

Ashvin Panicker

Co-Founder

Director of Mobile Development

Pratham Mehta

App developer

Kristo Mägi

Advisor

Ex-Skype, Ex-Deekit

Kaili Kleemeier

Advisor

Ex-Skype, Ex-Deekit

OUR INVESTORS AND PARTNERS

EVENTS

Nominated for the Young Acheiver at H-Farm’s Bold Awards 2019 in Venice

3rd place at the InnoEnergy Power up 2019 national finals in Riga