Crypto Assets Security

Last updated 17 days ago

Benefit: Improving the usability while maintaining the security of crypto assets

Approaches:

  • Seed phrase

  • Visual cryptography is a cryptographic technique which allows visual information (pictures, text, etc.) to be encrypted in such a way that the decrypted information appears as a visual image.

  • Hard wallets integration

POC: PhotoPass

The idea: Use image-based steganography and optional password to backup your seed phrase The rationale: The offline backup is proven to be fragile to a human factor errors. The hardware may crash. The ideal backup:

  • is stored on many devices and cloud

  • may be visible to public

There is only one asset that we all have that satisfies those conditions. Photo.

You may take a family picture that everybody has and encode your seed phrase with or without password. Send photo and feel safe.

Projects in the Space

  • Gnosis Safe