A major provider of the hardware cryptocurrency wallet, the laser, has introduced a new offline equipment for private key recovery designed to help users to get access to their crypto wallet without relying on cloud-based services or personal data.
The laser recovery key is an offline physical recovery tool, which allows laser flakes or laser stock users to store their private keys on smart cards with NFC connections, the firm said in an announcement shared with coinalample.
Unlike the already released key recovery product of the laser, the laser recovery, which stores the encrypted pieces of recovery phrases in the cloud-based hardware security module, the laser recovery key is always offline and protected by its own pin.
Laser wallets are optional for users, the laser recovery key does not require identification verification or collection of individual details, as the laser recovers.
Private key recovery by tapping cards
The laser recovery key will especially allow users to achieve access to their property by tapping only smart cards and entering a pin.
Especially supporting NFC-connecting laser flax and laser stax wallets, the laser recovery key directly connects laser devices using safe NFC wireless channels without any mediator, the company said in the announcement.
The laser recovery key is made with the same technology applied by the safe element, main security layer and laser wallet equipment, the company said.
Open source technology
As part of the transparency pledge of laser, laser recovery is open on the application code of recovery Github And it has its own white paper.
The device has conducted internal security tests with the company’s white hat hacker team Donzone, and has been externally audited by the cyber security firm Cinnacist among others.
“We have received extremely positive response from security researchers and industry leaders, and we are excited to reveal the world for even more response before launching soon,” Charles Guilamet said in the announcement, Charles Guilamet said in the announcement.
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