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Vault12 is a distributed, decentralized and serverless digital custody solution for cryptocurrency assets. Vault12 combines Shamir's Secret Sharing approach to encrypt secrets with a distributed, decentralized mesh network to store the encrypted parts.
Powered by Shamir’s Secret Sharing cryptographic algorithm, the Vault Cryptostorage platform distributes secrets across a trusted mesh network of personal mobile devices. Designed to be used alongside traditional hardware, software and online wallets, the Vault12 app gives cryptocurrency owners a back up cryptographically secure from a variety of threats.
The Vault Cryptostorage platform, Vault Guardian Token (VGT) and, Vault12 applications are designed to scale to the needs of cryptocurrency owners, ICO investors, professional cryptocurrency traders and high net worth investors, who require sophisticated storage and security policies to safeguard their assets. Decentralized, serverless, digital custody solutions are the first applications to be delivered on the Vault Cryptostorage platform.