Spatium releases a new version of the keyless mobile crypto wallet Spatium 3.0

Spatium: DeFi ecosystem on Bitcoin
Spatium Blog
Published in
3 min readSep 17, 2021

Meet Spatium 3.0, a new version of the keyless mobile crypto wallet.

Spatium releases a new version of the keyless mobile crypto wallet Spatium 3.0 that is already available as a ready-made application on Google Play and the App Store.

Spatium is a universal platform that allows building solutions for storing and managing crypto assets. It is based on a secure multi-party computation protocol, which is used as a foundation of the off-chain multisig crypto wallet. This approach combines the benefits of custodial (when the user does not own the private keys) and non-custodial (when the user owns the private keys) crypto wallets.

Spatium wallet, based on SMPC technology and anonymous biometrics, allows you to manage digital assets without a Private Key. It’s replaced with an encrypted set of secrets distributed between your device and professional security provider. It means that:

- nobody has access to the funds except the user
- the funds still be safe even if the device is hacked
- even if users lose all credentials, they can recover the wallet using their face.

Spatium 3.0 is to prove its benefits in terms of security and functionality. In a time of widespread security anxiety, it’s highly important to make sure your data is safe. Сrypto assets wallet solution with no Private Key provides strong security for personal and enterprise assets.

Spatium crypto wallet is experienced in rapid progress in developing high functionality mobile app. The new version of the wallet presents a fully redesigned app interface with a unique UX/UI. What is more, enhanced crypto security of the digital assets and improved registration procedure via anonymous face biometrics backup technology let the users experience the safest and convenient way to manage their digital assets. The wallet allows to receive and transfer crypto assets, display balance and operation history.

Wallet overview provides detailed information about the current balance of each specific cryptocurrency, fiat balance, transaction history, exchange rates, and recommended commission values for a specific cryptocurrency. Data is provided in real-time (with regular update intervals) from external sources.

According to Spatium project’s CEO, Geray Yusifov “This wallet builds a new security and flexibility paradigm for all blockchain users and ensures the users need no private key, no paper backups, no 3rd party control. Spatium 3.0 will become the starting point for bringing more functional updates to the app. Stay tuned!”

Looks like the future of conscious crypto security has already begun with Spatium.

About Spatium

Spatium builds advanced crypto wallet infrastructure for retail users and businesses willing to provide crypto functionality to its customers. Our proprietary SMPC technology eliminates the need for storing Private Keys and the single point of failure by separating control over funds from the responsibility for security. Unique anonymous biometric backup functionality helps users easily restore access to funds and not to be dependent on a particular device. Our aim is to put crypto in the hands of more people around the world and increase their economic freedom.

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Spatium: DeFi ecosystem on Bitcoin
Spatium Blog

Spatium is building DeFi on Bitcoin powered by MPC: MPC crypto wallet, Cross-chains P2P, Staking and Lending within one solution