Bitkey Starts Shipping First Units of Its Hardware Device, Adds Security and Recovery Features
- Among other features, Bitkey’s customers are now able to set up trusted contacts to help them easily recover access to their wallets in certain scenarios
- Through Bitkey’s integrations with
- Bitkey’s hardware device begins shipping to customers, and the Bitkey app is already available for downloads across app stores
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Bitkey’s wallet was built to bring more people to self-custody with an easy-to-use and safe solution. A major focus for the team building Bitkey has always been providing accessible recovery experiences that prioritize both simple and secure paths for customers to control and recover their money if something goes wrong. When moving from custodial to self-custody solutions, customers have historically had to confront complexity: having to remember and store long passwords, and struggling through difficult and unfamiliar setup processes that often leave customers prone to accidental loss of their bitcoin. Bitkey’s recovery design incorporates tools to easily but securely regain access to one’s account in every situation possible.
What’s new: trusted contacts and more security & independence for customers
The beta-tested version came with two features as part of Bitkey’s recovery design: Cloud Backup, for when someone loses access to the mobile key, for example if their phone is lost or stolen - or they get an upgrade; and Delay and Notify, which allows customers to regain access to their funds through a new set of keys if they only have access to one of their two keys (either mobile or hardware).
Now, the Bitkey wallet brings new recovery features that top off the recovery design behind the wallet:
- Trusted Contacts, an optional feature that lets customers set up people they trust who can help them verify recovery requests and recover their wallets when both the mobile key and the hardware key have been lost; and an
- Emergency Access Kit, which gets automatically stored in the customer’s cloud account and can help them recover if the app is no longer available on the app stores or if they no longer want to use the third key stored by Block.
According to Jacob B., one of Bitkey’s beta customers from
In addition, to help connect the world of today’s fiat money with bitcoin’s financial system, through Bitkey’s integrations with
About Bitkey
Bitkey is a self-custody bitcoin wallet with three parts — a mobile app to make transactions easily on the phone, a hardware device to protect savings securely offline, and a set of recovery tools in case customers lose their phone, hardware, or both. As an innovative multi-signature self-custody wallet, Bitkey provides innovative recovery tools that give customers multiple ways to recover their money, so they can take their bitcoin off exchanges and truly own and control it themselves, without the anxiety of guarding a long complex seed phrase. Bitkey provides the convenience of a mobile app, the security of hardware, and peace of mind that in case they lose something, customers can still recover their money. Bitkey is built by the Proto Team at
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