2016/09/02 5:22 PM
SAN DIEGO, September 1, 2016 — Airbitz, the popular mobile bitcoin wallet and world’s first edge security platform allowing developers to build apps that secure users’ data, announces the first foolproof bitcoin wallet password recovery process, called Password Recovery 2.0.
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Airbitz Claims the First “Zero-Knowledge” Password Recovery Feature
This new feature allows Airbitz users and Airbitz SDK-powered app users to easily recover a forgotten password to their private data using two-key authentication format.
The user sends the first key to their own email address, with the device itself also saving a copy. The Airbitz servers blindly store the encrypted second key. The two keys are useless without each other, and can only be brought together by answering the two recovery questions to regain account access.
Airbitz CEO, Paul Pauly, says he’s excited for the chance to solve…