Established just one year after the founding of SatoshiLabs, TREZOR introduced the world's first hardware wallets, which were initially sold for 1 Bitcoin each. This marked the introduction of a convenient and user-friendly device that securely stored private keys in a cold environment. Their Model One, being the first hardware wallet in the world at the time, paved the way for the emerging hardware wallet industry. In 2016, SatoshiLabs unveiled the first version of their modern hardware wallet - the Model T. Following this, mass production began and the first devices were shipped in 2018. Although affordable and basic in design, they were fully functional, proving that the original concept could be realized. TREZOR has created the first hardware wallet - a secure solution for storing private keys to Bitcoin addresses.
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