Update: April 2020 Vault12 Latest Release Now Available
Vault12 Blog

Update: April 2020 Vault12 Latest Release Now Available

In this time of global uncertainty, we believe it is more important than ever to ensure that your precious crypto assets are accessible, safe, and secure at all times. We have been hard at work updating Vault12 to ensure that you can safely backup all your digital assets.


The latest release of Vault12 is now available in the iOS App Store as well as Google Play Store. This release builds on feedback received from our launch in October 2019 and introduces some important new capabilities.

Newly Activated Capabilities

These eagerly awaited capabilities have now been activated. Thank you to everyone who was involved in testing.

  1. Vault owners can now select an annual subscription plan. Vaults are free for the first 30 days and expire at the end of the chosen subscription. Three plans are available — Free, Standard and CryptoPro — details on these plans are available at vault12.com/download.
    Note: VGT holders who choose to fund their accounts with VGT instead of ETH automatically receive a 50% discount.
  2. Guardians can choose the incentive that they wish to receive for guarding Vaults. For now the incentives are free, 0.5 ETH and 1 ETH per annum, and will be paid every month.
    Vault owners must be subscribed to the Standard or CryptoPro subscription plan. All incentives are paid in ETH.
  3. VGT Holders now receive a portion of the transactions from subscribing to plans and incentive payments to Guardians. Details of the transaction split are described here.
    Note: For the next 6 months the transaction split will be waived temporarily so all Guardians will receive their full incentive payments.
    All fees paid to Vault12 will be subject to the 20% transaction split.

Annual Subscription plans.

New Features

In a recent survey we found that 18 out of 20 of the top wallets only provide a paper backup option for the seed phrase, the other two offer backup to a shared drive in addition to paper. We wanted to provide a more direct path to secure seed phrases and to store assets, simplifying the experience, increasing the accessability, and lowering the risk of loss.

CryptoNote enables you to type in your seedphrase directly into your Vault.

CryptoNote. The new method for adding assets to the Vault, by entering 12-, 18- or 24-word seed phrases directly into the app, instead of writing them down on paper. Using the "Text/Custom" option you can also enter regular text, e.g. a password, hint, or other instructions. This data is never stored anywhere, it's encrypted right away and distributed to guardians.

Adding assets via share sheet.

Asset share. Images, text excerpts and any files can be added to the Vault directly from other apps via native sharing dialog on iOS and Android. Just select Share to Vault12 in the menu.

Improved Workflows

Cancel Unlock, Cancel Add Asset. Both these operations can now be canceled, if the owner changes their mind, or if they can't collect enough responses from guardians.

Updated Replace Guardian flow. The logic for replacing guardians was completely rebuilt from scratch, it's more efficient now. Guardians who stay guarding the Vault need to confirm owner's request for replacement manually, just like they do for an unlock request.

App update check. Vault12 now checks on every launch if there's a new version available in the App Store or Google Play, and if so, suggests to download it to get the latest security updates and new features.

Push notifications fix & notification counter badge. On iOS and Android, the app icon now displays the number of missed notifications.

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Vault12 Blog

Update: April 2020 Vault12 Latest Release Now Available

In this time of global uncertainty, we believe it is more important than ever to ensure that your precious crypto assets are accessible, safe, and secure at all times. We have been hard at work updating Vault12 to ensure that you can safely backup all your digital assets.

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Social Recovery Vault for Digital Asset Security + Digital Inheritance for protecting the future of money.

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Backup and Inheritance for Bitcoin

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Inheritance: Get ready today.

Vault12 Digital Inheritance is the first solution to deliver an effortless and secure method for transferring a variety of digital assets — including Bitcoin (BTC), Ethereum (ETH), other cryptocurrencies, and data — to future generations.

This innovative system enables users to appoint either a person or a mobile device as a guardian. The designated guardian is entrusted to protect the user's comprehensive collection of digital assets, encompassing seed phrases, private keys, and other confidential information, safely stored within a decentralized digital Vault.

This process not only mitigates potential risks but also removes the necessity for regularly revising asset inventories or modifying instructions, which often leads to breaches in privacy.

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Secure Decentralized Backups and Storage.

Designed to be used alongside traditional hardware, software, and online wallets, Vault12 Guard helps cryptocurrency owners, safeguard their digital assets without storing anything in the cloud or in fact, any one single location. This increases protection and decreases the risks of loss.

Note:The Vault12 Guard app is not a crypto wallet and does not hold cryptocurrency. Using a non-custodial approach, a digital Vault safeguards your Bitcoin or Ethereum wallet seed phrases, private keys, and other essential data.

The Vault12 Guard app enables secure decentralized backups and provides inheritance for all your digital assets, including Bitcoin, Ethereum, crypto wallets, and other digital data.

Collectors, ensure your Art is protected for the future.

Collectors, ensure your Art is protected for the future.

Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you activate that in your app.

Screenshot of Vault12 Guard app - Adding data into the Vault

Protect your home and family's data.

Whether you are at home or away, make sure that essential data about your home and family - including IDs, medical records, insurance information and home safe combinations - is backed up and available at your finger tips.

With a secure decentralized backup Vault, you can ensure that, in any event, you always have access to important information, wherever you are.

Learn

Step-by-step guides for setting up your digital Vault and adding assets, inheriting and restoring Vaults. Vault12 Guard helps you inherit and back up all assets stored in your Vault, including Bitcoin, Ethereum, crypto, private keys, seed phrases, digital wallets, and essential home & family data.

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Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way for all types of investors to ensure that all of your digital assets can be accessed by future generations.

The Vault12 platform provides protection, backup resilience, and security to your digital assets. Vault12 Digital Inheritance enables you to designate a beneficiary (an executor, trustee, or other chosen beneficiary) who can inherit the entire portfolio of digital assets that you choose to store in your Vault. There is no need to continually update an inventory or to issue updated instructions.

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Get started now.

Vault12 Guard is now available from the iOS and Android App Stores.
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