Your Crpto Security
Simplifield
Open Wallet prioritizes the security of your digital assets. That's why we offer a robust keyless
recovery solution that balances convenience with top-tier protection
Open Wallet Keyless Recovery
Your Crpto Security Simplifield
Open Wallet prioritizes the security of your digital assets. That's why we offer a robust keyless recovery solution that balances convenience with top-tier protection
The Challenge
Safeguarding Your Recovery Key
Every Open Wallet user receives a Recovery Key, essential for regaining wallet access if your PassKey is lost. While you can store this key yourself (e.g., in iCloud Keychain or offline), we understand that managing this critical information can be a burden
Our Solution
Trustless, Secure Recovery with Evervault
Open Wallet partners with Evervault to provide a keyless recovery option that removes the need for you to manage your Recovery Key directly. This is done in a trustless manner, meaning neither Open Wallet nor Evervault ever has access to your raw, unencrypted Recovery Key
Transcending Crypto Security with Simplified Control. Experience Trustless Recovery and Ultimate User Authority with our Keyless Solution
How it Works
Keyless Recovery
step 1
Encryption
Evervault encrypts your Recovery Key using a private key, rendering it unreadable without the corresponding key
step 2
Recovery Session
If you lose access to your wallet, you initiate a recovery session with Open Wallet
step 3
Recovery Token
Open Wallet provides a recovery session token containing your encrypted Recovery Key
step 4
OTP Verification
Evervault sends you a one-time passcode (OTP) for verification
step 5
Decryption & Access
After you provide the correct OTP, Evervault decrypts your Recovery Key and grants you access to your wallet
Key Benefits
Keyless Recovery
No Direct Access
Neither Open Wallet nor Evervault ever sees your raw Recovery Key
Strong Encryption
Your Recovery Key is encrypted at all times, even when stored
Multi Factor Recovery
OTP verification adds an extra layer of protection
User Control
You initiate the recovery process and maintain control over your key