Audience
Cryptocurrency investors, NFT collectors, DeFi users, digital wallet owners
About MasterKey
MasterKey is a digital asset protection app service.
It stores all types of private key seed phrases and recovers them back when needed.
Using enterprise-grade private blockchain R3 Corda, we assure safety and fast recovery.
The stored seed phrase is changed into a password through a blockchain algorithm, making it impossible to hack.
The user also has to complete 3 step identity authentication process (E-mail, SMS, Name verification) for storage, and recovery is possible only when the identity information matches. Therefore, the recovery text stored in MasterKey cannot be read by anyone other than the user.
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MasterKey Reviews
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"Pretty Good for protection seed phrases" Posted 2021-10-18
Pros: If I lose my paper or USB that contains mnemonic or change my phone, I will use it as a last resort.
Cons: The subscription price is acceptable, but the $900 that recovery price seems too expensive.
Overall: I can use it as insurance to protect mnemonic from accidents. It seems to be not useful in normal situations, but I believe it can save me from desperate moments.
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