Cryptocurrency wallet software can be intimidating to use. With crypto, you are your own bank, which sounds great until you realize that you and you alone are responsible to keep your money safe.
In practice, this typically means you need to go through the process of creating a new wallet, setting up a password and writing down a lengthy list of words known as a seed phrase. You also have to store the seed phrase in a secure manner, because it’s the only backup for your money in case something goes wrong with the wallet.
Israel-based startup ZenGo has just launched a cryptocurrency wallet that uses some clever cryptography to make this process much simpler. Read more…
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