Meet Vault12 at CryptoMondays London, December 9, 2024 and The Digital Commonwealth Awards, London, December 13, 2024
ChatGPT
Contents
Vault12 Blog
Upgrade your phone and transfer your Vault12 Guard app data
October 25 2024
Summary
Upgrading your phone can be an exciting time, whether you are buying a new phone, switching your operating system from Android to iPhone, or just upgrading your tablet. Among the many positive changes you'll experience, the last thing you want to do is to invest a lot of effort into migrating individual apps from your original device.
Vault12 is pleased to announce that it's now easier than ever to safely transfer all your Vault information to your new device — whether you're a Vault owner, or the Guardian of someone else's Vault.
- Vault Owners with a new device can complete the transfer without involving Guardians or spare devices.
- Guardians with a new device can upgrade without interrupting the security of the assets they protect.
- Settings, subscriptions, and preferences will seamlessly transfer along with your data to the new device.
Read our step by step guide here.
Time to Upgrade
For various reasons, you might consider upgrading your phone every year or so. The process can be pretty simple by using cloud backups/restores from Apple and Google. Nevertheless, people always wonder whether everything has been transferred correctly — especially when crypto assets are involved.
Vault12 has always had a seamless upgrade process between phones for Vault owners. For Vault Guardians, historically, you have had to go through one extra step of notifying the Vault owner that you changed phones. With this new update, no one needs to notify anyone, and the transfer process ensures that all information is transferred from the old device to a new device, with no need to bother Vault owners or Guardians.
Time to Transfer
The most common scenario is of course buying a brand new phone with nothing on it. In this scenario, you can easily initiate the Transfer process by simply installing the Vault12 Guard app.
Other scenarios include switching device types (e.g., switching to an iPhone from an Android, or vice versa). With the new Transfer function, you can ensure that everything is cleanly and safely transferred to your new device, without the need to call Guardians and Vault owners.
Follow the steps from our Help portal, here.
https://linkedin.com/in/wasima
https://twitter.com/wasima
https://startag.xyz/wasima
Wasim Ahmad
Wasim is a serial entrepreneur and an advisor in the fields of AI, blockchain, cryptocurrency, and encryption solutions. At Vault12, he led the private and public fundraising efforts and focuses today on expanding the Vault12 ecosystem. His crypto experience began with AlphaPoint, where he worked with the founding team to launch the world's first crypto trading exchanges. Previously he was a founding member of Voltage Security, a spinout from Stanford University, that launched Identity-Based Encryption (IBE), a breakthrough in Public Key Cryptography, and pioneered the use of sophisticated data encryption to protect sensitive data across the world's payment systems. Wasim serves on the board of non-profit, StartOut, and is a Seedcamp and WeWork Labs global mentor.
Wasim graduated with a Bachelor of Science in Physics and French from the University of Sussex.
You will lose your Bitcoin and other crypto when you die...
...unless you set up Crypto Inheritance Management today.
It's simple — if you don't worry about crypto inheritance, nobody else will — not your software or hardware wallet vendors, not your exchanges, and not your wealth managers. So it's up to you to think about how to protect the generational wealth you have created, and reduce the risks around passing that wealth on to your family and heirs. What are the challenges with crypto inheritance?
- Crypto Wallets are difficult to use and do not offer crypto inheritance management. In fact, most of them tell you to write down your seed phrase on a piece of paper, which is practically useless.
- Some people back up their wallet seed phrases or private keys on paper, local devices like hardware wallets or USBs, or in the cloud. All of these options have severe drawbacks that range from hacking to accidental loss to disrupted cloud services.
- Software wallets operate onspecific blockchains, yet your crypto assets span multiple blockchains. For inheritance to work, you must be able to manage inheritance across every blockchain — now and forever.
Vault12 is the pioneer in crypto inheritance management. Watch our explainer video above, or our inheritance demo today.
Crypto Inheritance Management: Get ready today
Vault12 is the pioneer in Crypto Inheritance Management, and offers an easy-to-use and secure method for assigning a legacy contact to your crypto wallets. Vault12 Guard enables you to pass on your wallet seed phrases and private keys for any cryptos including Bitcoin (BTC) and Ethereum (ETH) to future generations. It's designed for everyday people, yet strong enough for Crypto OGs.
This innovative, decentralized system uses a hybrid approach of software fused with the Secure Element of phone devices (the Secure Enclave for iOS devices, and Strongbox for Google devices).
Vault12 Guard enables users to appoint one or more people or mobile devices as Guardians. The designated Guardians are entrusted to collectively protect the user's comprehensive collection of wallet seed phrases and private keys, which are safely stored within a decentralized digital Vault. Nothing is stored on cloud servers or Vault12 servers, and no assets are stored on local devices, making them less of a target.
The decentralized approach reduces points of failure and removes the necessity for regularly revising wallet inventories or modifying instructions for your lawyers (which could lead to privacy breaches). Simply put, Vault12 Guard is the best way to preserve crypto generational wealth.
Take the first step and back up your crypto wallets.
Designed to be used alongside traditional hardware and software crypto wallets, Vault12 Guard helps cryptocurrency owners back up their wallet seed phrases and private keys (assets) without storing anything in the cloud or any single location. This increases protection and decreases the risks of loss. Making sure you have an up to date back up is the first step in crypto inheritance management.
The Vault12 Guard app enables secure decentralized backups and provides inheritance for all your seed phrases and private keys across any blockchain, including Bitcoin, Ethereum, ERC-20, and other crypto wallets.
Note: For anyone unfamiliar with cryptocurrencies, Vault12 refers to wallet seed phrases and private keys as assets, crypto assets, and digital assets. The Vault12 Guard app includes a software wallet that works alongside your digital Vault. The primary purpose of this is to guard your Bitcoin (BTC) or Ethereum (ETH) wallet seed phrases, private keys, and other essential data, now and for future generations.