Decentralized Digital Custody to scale protection.

The Vault Cryptostorage platform and Vault12 applications are designed to scale to the needs of cryptocurrency owners, ICO investors, professional cryptocurrency traders and high net worth investors, who require sophisticated storage and security policies to safeguard their assets.
Decentralized, serverless, digital custody solutions are the first applications to be delivered on the Vault Cryptostorage platform and will enable a new ecosystem of products and services to protect your most valuable digital assets.

Meet The Vault Cryptostorage Platform.

The Vault Cryptostorage platform is made up of core elements based on two fundamental innovations, decentralized cryptography, and a decentralized storage network.

Vault12 Applications

The Vault12 mobile app runs on mobile devices - phones and tablets. The app is used by owners and Guardians alike and creates the personal mesh network used to store your cryptocurrency assets.

Sometimes you need to secure or restore assets to/from your desktop computer. The Vault12 desktop client for Windows and OSX pairs directly with your phone to establish a secure, unbreakable communications channel. Any asset can be securely sharded or restored into your vault using any number of paired desktop clients.

MIST Network

The Mesh Information Storage (MIST) Network is implemented through your Vault12 app and enables your Guardian devices to store shards of your cryptocurrency assets automatically.

Vault Secure Relay Network

To ensure that your crypto assets can be accessed as needed, Vault12 has created a secure asynchronous messaging network. This provides all the communications necessary to connect Owner and Guardian devices around the world.

Vault Guardian Token (VGT)

The Vault Guardian Token (VGT) is used to incentivize Guardians to secure your cryptocurrencies. The Guardian token can also be used to pay for additional guardians or devices to be assigned to your vault.

In the future, the Guardian token will be used to pay service providers who deliver highly reliable security, redundancy and availability across private relay networks, to ensure you have the highest degrees of access and security for your assets globally.

Open Source Developer APIs

The Vault Cryptostorage platform's open source software stack provides the cryptographic APIs necessary to shard data and to create the asynchronous messaging network (Zax Relays) that enable communications between Guardian devices and owners.

Anyone can create cryptostorage applications using these APIs. As a reference implementation, we have built the first platform application to run on mobile devices - the Vault12 mobile app.

These open source APIs enable individual owners to set up their own private secure relay networks, ensuring that their assets are always in a controlled environment. It also enables a new class of service providers to deliver best-in-class relay networks with the highest degrees of availability and security.

Decentralized Cryptography

The Vault Cryptostorage platform is based on a powerful cryptographic approach known as Shamir's Secret Sharing. Created by Adi Shamir, the co-inventor of the RSA algorithm, and one of the greatest contributors to the field of cryptography in the world. Shamir’s Secret Sharing is where a secret is divided into parts or shards, giving each participant its own unique shard, where some of the shards are needed in order to reconstruct the secret.

The platform uses the Hierarchical Shamir’s Secret Sharing (H3S) algorithm, to enable a subset of shards to reconstruct the secret and provide the ability to customize storage and security policies - for more information, see the Vault12 White Paper. This algorithm provides the following unique properties which make it desirable for protecting cryptocurrencies:

No Single Point of Failure

Multiple devices can store shards around the world providing redundancy.

Unconditional Security

Your vault cannot be broken into even if the adversary had unlimited computing power. The adversary simply does not have enough information to break the encryption making it cryptanalytically-unbreakable.

True Randomization

As additional protection layer, all random number generation used by the H3S algorithm uses additional thermal entropy to produce truly random bitstreams for encrypting cryptocurrency data.

Decentralized Storage

Cryptocurrency secured by the Vault12 app is stored on a MIST Network made up of the personal mobile devices used by trusted people known as Guardians. To provide scalability and redundancy around the globe it is combined with a secure asynchronous messaging network. Together they provide all the communications necessary to connect Owner and Guardian devices around the world.

The MIST Network and Secure Relay Network are designed with the following scalability properties:

Full privacy

Guardians and their devices have no visibility on any content of the owner’s assets, nor should they see any changes during the lifetime of secured assets. This is a critical differentiator when comparing with multi-sig “co-ownership” of crypto assets.

Storage Extensibility

Additional storage devices bring extra redundancy and reliability, and the MIST network can easily handle hundreds of devices. This is a natural property of threshold secret sharing that enables the generation of hundreds of shards.

Storage Policies

In the future, owners will be able to customize policies associated with where their sharded assets are stored, e.g., how many devices, geo-location policies and policies relating to active/inactive Guardian devices.

Watch our live product demo now, or read our white paper for in-depth technical details of the Vault Cryptostorage platform.