US Patent 11995195 System and device for data management

The present disclosure provides a system, device and method for data management. The system includes a processor configured to: receive, from an entity, data packets; receive, from the entity; generate a plurality of shares pertaining to the data packets by applying a threshold scheme to the data packets; and distribute the plurality of shares amongst at least two secure cryptoprocessors, wherein each secure cryptoprocessor allows access to the plurality of shares stored within it upon receipt of a corresponding second password, and wherein the processor is configured to re-generate the data packets from a threshold number of shares out of the plurality of generated shares, the value of the threshold number being predetermined.