Experienced Bitcoiners know that who so ever controls keys and passphrases, controls the coins. As digital currency becomes part of everyday life and investment, enthusiasts are increasingly searching for unique, secure ways to keep access to their digital assets. One particular startup called Carverr, claims to keep passwords and keys in a microtube of deoxyribonucleic acid (DNA).
Some bitcoiners employ complex safety deposit box schemes, while some save them on hard drives. Also, others record them on paper, separated and in two locations. Indeed, as cryptocurrency takes on greater significance in more financial plans, what to do with essential access to it becomes of extreme importance. As stated on its website, Carverr is offering what it calls a “DNA-based cold storage for digital currencies. Our system is the safest method of cold storage on the planet, developed by a group of experienced asset managers and biotechnologists.” They assume that their storage idea is one of a kind, transforming “data from digital information to biological, and therefore requires no software updates or internet connection.”
The company went on to detail that “Since it lived off-line, it is protected from hackers and because your code is contained in a strand of DNA it can never become obsolete, unlike other cold storage wallets. Even storing your digital codes in-offline servers in a mountain means at some point, those servers will become obsolete and requires updates. Carverr’s DNA system is a one and done solution that ensures your code outlives you.” However, before a client opens their DNA storage, they, first of all, send their “passcode, passphrase or private key” to the company. “This is done through an encrypted messaging service based in Switzerland. You do not need to tell us what your passcode is for.”
In addition to that, the firm notes that “Feel free to alter your code before sending it to us. We do not verify context of your passcode, we only convert whatever code you provide to us into DNA.
“We utilize a number of manufacturing partners who produce hundreds of thousands of base pairs per day, for use in biomedical and agricultural applications. All of these sectors require extreme precision, which is why exhaustive quality checks are performed,” the company emphasized. “Once your test tube is ready, it can be shipped back to you, or you can elect to have Carverr store it on your behalf. Currently, your data is best suited for storage in a freezer (4⁰C), however, a shelf-stable version is currently in development.