This week has seen the launch of an innovative new product developed here in Australia called SAFEWORDS by Coinstorage Guru (www.coinstorage.guru). The product is a distributed mnemonic seed storage kit including everything that you need to make a 2 of 3 backup of the mnemonic seed for your cryptocurrency wallet.
SAFEWORDS breaks your mnemonic seeds into three partial solutions which are then committed to three separate cards. No card on its own has enough information to compromise your wallet, and any two of the three cards together can recover your seed. The cards are stored in envelopes with branded, serial numbered tamper evident seals adding a further layer of security to your storage solution.
The SAFEWORDS kit includes the seed cards, storage envelopes and a set of tamper evident seals with a matched unique serial number. The kit is supplied in a protective sleeve inside a mailing envelope. SAFEWORDS is fully customisable and can be branded to suit any requirements.
SAFEWORDS is a simple, safe and cost effective way for any cryptocurrency user to backup any wallet which has a mnemonic seed and to then store that backup in a zero trust environment.
Blockchain Australia is proud to be working with ACS to organise a meetup at the innovation centre, Enterprize, in the Hobart CBD on Wednesday 21st of March.
Riley’s organisation has joined forces with BA Corporate Member Civic Ledger for the purposes of building an Ecosystem Exchange platform. The MVP will be heavily biased towards Carbon Credits, with allocate 1.2 million allocated after the initial ICO. It will also bring on a reef ecosystem credit, and a turtle biodiversity credit backed by CSIRO research on protection methodologies.
We hope our Tasmanian members can join us live at the event or via our You Tube Channel where we will livestream the event.