
Cypherock is building a hardware crypto wallet with distributed architecture for advanced backup and recovery.
Cypherock’s mission to empower the people to be self-sovereign, trust themselves and to have the same peace of mind and control with their crypto and personal data that they have with their savings in the bank vaults. Their product offering, Cypherock X1, is the world’s first hardware wallet that never stores the private keys in a single place giving it 10x more security than a normal hardware wallet, doesn't require users to back-up their seed phrase anywhere and helps in inheritance of a user’s crypto without compromising privacy and control. Cypherock X1 uses Shamir Secret Sharing and EAL 6+ Smart Cards (same secure hardware as credit cards) along with distributed storage to prevent single point of failure with private key security.
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