Ledger will launch a Recovery Key card that does not require KYC and can store and restore 24 seed phrase

This article is machine translated
Show original

According to Foresight News, Ledger CTO Charles Guillemet stated that they will launch Ledger Recovery Key, which is a PIN-protected physical card used to store and recover 24-word seed phrases. This card does not require KYC verification and has no subscription fees. The Ledger Recovery Key is a private, encrypted, PIN-protected backup key that can be used to access your assets. It uses a secure element and secure NFC communication with Ledger Flex or Ledger Stax, allowing you to backup/recover 24 seed phrases with just a few taps.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments