Cryptocurrency Passwords Now May Be Kept In DNA
For those who have accumulated a small fortune, trading cryptocurrencies such as Bitcoin and Monero, keeping this money safe is paramount.
Should we store the password for the currency on my hard drive? This is the only way. But a startup called Carverr has a more organic solution: store it in a microtubule of DNA. It’s not just someone’s DNA, but synthetic DNA, created in the laboratory to store data.
This encryption tool was designed to last longer than the more traditional hardware version. If the owner’s data is stored on the hard disk, they can be easily damaged, or they can simply become obsolete in the future.
“DNA is the only thing that does not become obsolete,” said Vira Bkhuyan, CEO and co-founder of Carverr.
If someone physically steals a test tube with DNA to get a password, they can not decrypt it without knowing the Carverr system.