The 'Phrasekeeper' Backs Up and Protects Cryptocurrency Keys
Michael Hemsworth — November 14, 2018 — Lifestyle
References: kickstarter & thegadgetflow
One of the biggest issues with cryptocurrencies is their ability to be lost in an instant if the private key or passphrase is lost, so the 'Phrasekeeper' has been designed to offer a way to physically back them up.
The plaque is designed to be engraved with the pertinent information required to access your funds and features a durable aesthetic that will withstand water damage or fires. This will come as welcome news to those looking for a better way to back up their mined cryptocurrencies to keep them safe in the event of a catastrophe that isn't hackable by thieves online.
The 'Phrasekeeper' is completely non-digital and comes in several options to suit your needs including one that holds up to 24 words and another that has space for 126 digits.
The plaque is designed to be engraved with the pertinent information required to access your funds and features a durable aesthetic that will withstand water damage or fires. This will come as welcome news to those looking for a better way to back up their mined cryptocurrencies to keep them safe in the event of a catastrophe that isn't hackable by thieves online.
The 'Phrasekeeper' is completely non-digital and comes in several options to suit your needs including one that holds up to 24 words and another that has space for 126 digits.
Trend Themes
1. Physical Cryptocurrency Backup - The 'Phrasekeeper' offers a physical solution to back up cryptocurrency keys, addressing the issue of potential loss or theft of digital assets.
2. Durable Cryptocurrency Plaques - The 'Phrasekeeper' utilizes durable materials to create plaques that can withstand water damage and fires, providing a long-lasting physical backup for cryptocurrency keys.
3. Non-digital Cryptocurrency Storage - The 'Phrasekeeper' provides a non-digital method of storing cryptocurrency keys, offering an alternative to digital storage methods that may be susceptible to hacking or cyber-attacks.
Industry Implications
1. Cryptocurrency - The 'Phrasekeeper' caters specifically to the cryptocurrency industry, providing a solution to enhance the security and backup options for digital assets.
2. Personal Security - The 'Phrasekeeper' addresses personal security concerns by offering a physical backup solution for cryptocurrency keys, ensuring that individuals have a reliable means to protect their digital assets.
3. Disaster Preparedness - The 'Phrasekeeper' contributes to the field of disaster preparedness by providing a resilient and fireproof backup option for cryptocurrency keys, enabling individuals to safeguard their digital wealth in case of unforeseen emergencies.
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