Ngrave Launches Physical Encrypted Private Key Backup

[CebuBitcoin]

Ngrave Launches Physical Encrypted Private Key Backup

The crypto security firm has launched officially its new key backup for crypto hardware wallets, Ngrave Graphene.
Digital asset security firm Ngrave announced the launch of a recoverable, encrypted private key backup engraved on a steel plate for cryptocurrency hardware wallets.

According to the announcement on June 10, Ngrave Graphene is now available to the public after raising more than $159,000 from a crowdfunding campaign on Indiegogo.

Ngrave Graphene has a “cryptographic puzzle” design focused on resisting electric shock, rain, fire, heat up to 1,660 degrees Celsius (3,020º F).

The puzzle consists of two plates that contain the owner’s secret key with values on the plate arranged differently for each customer. Both plates are required to recover the key.

Readmore: https://cointelegraph.com/news/ngrave-launches-physical-encrypted-private-key-backup