Self-Custody Protection

Avoid Losing Access To Your Cryptocurrencies And NFTs, Simply By Using A SafeKey.

Billions of dollars worth of crypto and NFTs become inaccessible every year, mostly due to stolen and lost passwords or private keys, but also because of computer crashes or even the death of a person who happens to be the only one with access to certain assets.

Think about usernames and passwords of your crypto exchange accounts like Binance or Coinbase, the PIN number of your phone where a two-factor authentication app is installed, private keys and seed phrases of crypto wallets, email accounts, … the value of all the data that a web3 user should be able to manage is priceless.

All those crypto and blockchain related -secret- credentials are part of your web3 identity. Everything can potentially be a target for hacks or phishing attacks. And since web3 is built around self-custody without middlemen, you’re usually the one responsible for safeguarding your credentials and funds.

So how do you stop modern threats and level up your self-custody protection?

The Problem With Your Passwords.

Most user-generated passwords are too weak for security purposes. People are forced to memorize a bunch of frequently changing passwords.

To make things easier, most people use the same -weak- password for everything or they write it down on sticky notes.

Thieves and hackers can take advantage of this to steal your user accounts and data. Did you know that hacked user accounts are a main cause of major data breaches? Simple authentication methods that require only username and password combinations are inherently vulnerable.

Hackers can gain access to your account using a variety of techniques:

• Brute force methods – using software to generate random username/password combinations or exploit common weak passwords like 123456
• Credential stuffing – using stolen or leaked credentials from one account to gain access to other accounts (people often use the same username/password combination for many accounts)
• Phishing – using fake emails or text messages to trick a victim into replying with their credentials
• Keylogging – installing malware on a computer to capture username/password keystrokes
• Man-in-the-middle attacks – intercepting communications streams (over public WiFi, for example) and replaying credentials

Create Your Own Immutable Personal Backup Plan And Never Lose Control Over Your Web3 Assets And User Accounts.

Have you ever thought about what happens if someone intercepts one of your personal devices or backups and gets hold of your private keys and seed phrases? One person can easily steal all your funds without you even noticing.

A personal backup plan created with Inheriti® and stored on multiple of your SafeKeys gives you the power to maintain control over your assets forever.

So how does it work?

Benefits Of Self-Custody Protection With A SafeKey.

SafeKey acts as a physical security key for your online user accounts, but in combination with Inheriti® it is also the safest solution to create backups of your private keys, seed phrases or any other sensitive data.

• Decentralized cold storage of encrypted unreadable shares
• Stop worrying about your private key backups
• Keep control over your own backups, forever
• Create multiple backups
• Eliminate intermediaries
• Avoid data loss
• SafeKey allows you to plausibly deny the existence of data
• Use tamper proof and patented technology
• Highest standards of security and military grade encryption
• Ongoing independent audits
• 3-Layer topology
• Lifetime validity
• 100% decentralized
• No critical information is stored in databases
• Simplicity: no more reaching for your phone to open an app, or memorizing and typing in a code – simply touch the SafeKey to verify and you’re in.
• Usability: the effort of having to create and securely store a separate, long and complex password for each user account is eliminated.
• Privacy: no confidential information will ever be shared and no personal information is associated with the secret.
• Anonymity: thanks to public key cryptography, no shared secret (private key) is sent over the internet at any time.
• Security: More secure than other two-factor authentication methods (e.g. SMS or TOTP).
• Plug & play: Supporting all common web browsers, no additional client software or driver installation is required.
• Integrated phishing protection: high security against phishing attacks through integrated domain check.