For most people its difficult to manage private keys and retain absolute control over their digital assets.
We are building a cryptocurrency wallet that removes all the complexity of managing private keys or the security risks involved with relying on centralized exchanges.
We use Multiparty Computing (MPC) protocols to create the safest cryptocurrency wallet and remove the private key flaw in blockchains.
We’ve replaced the private key with two independent shares, that are generated in a mathematical, secure and distributed way. One share is stored on the customer’s device and the other on Kryptonio’s server. The two shares are never together, when created or used to sign a transaction
The most basic function of a crypto wallet is storing digital assets.
The loss of a private key represents a single point of failure. Simply put, Bitcoin wallet private keys have a tendency to get lost. And once they’re lost, the Bitcoin in your wallet is lost.
To simplify things, and ensure that anyone can always recover their digital assets, we have developed a simple backup and restore process. Even if the user loses their device, deletes the wallet app or their device is compromised, their digital assets alaways safe and secure, no matter what
With a simple selfie, the user matches the 3D face map that was created during the backup process, and the wallet is restored.