As Easy As 1, 2, 3
You’ve asked for a demo video and we’ve listened! Our Minimum Viable Product (MVP) has been launched and now you can watch our YouTube video “Infinitus MVP App Introduction“ to see how easy it is to use. Of course, you can already download the mobile app for Android from Google Play but just in case you think it’s difficult to use, the video will surely put those “fears” to rest and this article is also meant to show you how user friendly our mobile app really is.
The More Tokens, The More Vaults
By now you know that one INF token controls one vault for your passwords, private keys, recovery phrases, etc. — let’s generally call it a digital key — but you can also have more than one vault. By purchasing more tokens, you can open as many repositories (vaults) as you want and this is especially useful if you don’t want to put “all eggs in one basket” or if you have lots of digital keys you need protecting.
The process is as simple as it gets: assuming you don’t already own INF tokens, you can purchase them right from the mobile app, using Credit Card, PayPal, Bitcoin or Ethereum. The INF tokens will act as the keys to your vaults (you can also send INF to someone else through the app if you want to). Next you will go through 3 easy steps:
Step 1: Decide the period of inactivity. This ranges from 7 days to 90 days and it will act as the trigger for the Ethereum Smart Contract that controls your data. Once the inactivity countdown reaches zero, the digital key you’ve stored is automatically sent to your designated receiver.
Inactivity triggers include: logging out of the INF Mobile App, losing the phone or deleting the app. In other words, don’t worry if your phone is stolen or damaged because the data is not stored on the device itself, but on a peer to peer network of nodes, using blockchain technology.
Step 2: Set up private data delivery address. This simply means that you have to type in the email where you want your recovered digital keys to be sent. You can use your backup email, your wife’s, a family member’s email or basically any address that you have access to. I’m not sure I need to say this but I will anyway: do NOT use a temporary email address or a work email. Use your email or that of someone you trust.
Step 3: Input your private data. This is the step where you actually type your password, private key or any other supported data. If you want to make extra sure of your data’s security, you can split a password between multiple repositories. For example, if you have a 10 character password, you can set up 5 repositories, each containing 2 characters of the password. That’s a bit redundant if you ask me, but hey, if you want to, you can do it. It all depends on you and what makes you feel safe.
Vault Powered By Blockchain Tech
There are lots of repositories and password managers online, so it’s not like you have to remember all your passwords and private keys — that would be a tall order. However, none of those repositories are powered by blockchain technology. Basically, the storing part is done on servers and the company that sells the service is responsible for keeping those servers secure. That’s how we have been used to keep our passwords and digital keys safe and it’s the most common method. But back when password managers became a thing, we didn’t have blockchain and the increased security it brings. So I ask you: if we have a safer method, why not use it?
That safer method is to use a repository like Infinitus, which has its roots in blockchain technology. No hackable servers, no trust issues, no single point failure risks! Distributed Ledger Technology takes care of scattering the data across a peer to peer network of nodes and the Ethereum Smart Contract takes care of retrieving it when the inactivity trigger is switched on. If one computer on the network goes down for any reason (hack, hardware breakdown, etc.), the integrity of the entire network is not affected.
Although a vault like Infinitus is impregnable and secure, we advise you to back-up your data using traditional methods as well (pen and paper, offline hard drive, etc.). We don’t aim to substitute but rather to improve and provide a complementary method of safeguarding your private keys using innovative consumer tech that is both easy to use and cost effective.
The Future Is One Step Closer
Since its advent in 2008, the blockchain has gone through different phases, evolving and changing with each one. The same is true for Infinitus, which is still a work in progress and in the future we plan on increasing security even further, building a massive network of users and constantly adding new features that we deem necessary or that the community asks for. Exciting times await and it’s only a matter of time before Infinitus will be a must-have app for all crypto-wallet users. In the meantime, try our MVP, stay safe and keep your crypto close.
