BACKUP AND RECOVERY SYSTEMS AND METHODS FOR CRYPTOWALLETS

Systems, methods, and devices for backup and recovery of crypto wallets. A crypto wallet may interoperate with multiple removable authentication devices which may operate in concert to restore access to the crypto wallet in the event that a PIN and/or a seed value of the crypto wallet is lost or for...

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Bibliographische Detailangaben
Hauptverfasser:	AYOUB, Michael Atef, WASILY, Nabil
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC COMMUNICATION TECHNIQUE ELECTRIC DIGITAL DATA PROCESSING ELECTRICITY PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
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Beschreibung
Zusammenfassung:	Systems, methods, and devices for backup and recovery of crypto wallets. A crypto wallet may interoperate with multiple removable authentication devices which may operate in concert to restore access to the crypto wallet in the event that a PIN and/or a seed value of the crypto wallet is lost or forgotten. By implementing multiple removable authentication devices, two-person (or greater) integrity (TPI) is implemented to ameliorate theft risk by requiring multiple devices to be operated in concert by different users who know the different PINs of the different removable authentication devices in order to recover access to the crypto wallet.