Legacy Suite, a leader in digital asset preservation, has announced the release of LegacyPass™, a password manager solution that leverages blockchain technology to securely store and manage passwords. With LegacyPass™, users can conveniently access and share their passwords from desktop or mobile devices. This password-less environment allows for seamless access to accounts securely from all devices with just one click.
The average person has approximately 100 passwords, according to a NordPass study. Additionally, there has been a 37% increase in the number of exposed data records worldwide in the third quarter of 2022 alone. With the growing number of online accounts and the importance of strong passwords, it can be challenging to keep track of login information. LegacyPass™ solves this problem by securely storing passwords in a blockchain-secured digital vault.
LegacyPass™ has had zero breaches and has accumulated over 25,000 users in its two years of operation. The password manager uses AES256 encryption and Elliptic Curve Integrated Encryption Scheme (ECIES) to ensure passwords and sensitive data are safe from potential hackers. By utilizing blockchain technology, passwords are stored on a decentralized, distributed ledger, making it virtually impossible for hackers to access or compromise the data. Additionally, blockchain provides added security measures such as encryption and secure key management.
The use of blockchain to secure passwords has the potential to significantly improve the security and reliability of online systems and services. Legacy Suite offers a complete end-to-end solution for digital estate planning and provides support for crypto self-custody. Users can hold their own keys, set up directives, assign executors, and ensure the safe transfer of digital assets to their next of kin.
To learn more about Legacy Suite and how to secure digital assets, please visit their website.