One common concern among users is whether they need special hardware or software to ensure their digital assets are protected. Elysium Wallet addresses these concerns by offering a highly secure, yet accessible system that does not require additional or specialized equipment.

No Need for Specialized Hardware

One of the significant advantages of Elysium's authentication system is that it does not rely on specialized hardware like traditional hardware wallets. While hardware wallets are known for their security, they can be challenging, expensive, and intimidating for newcomers. Elysium eliminates the need for such devices by integrating the security benefits of a cold wallet directly into a software-based solution. This means you can enjoy strong security without the hassle of purchasing or managing additional hardware.

Accessibility

Elysium Wallet is designed to work seamlessly on any modern device. Currently available for smartphones, you can easily download the Elysium Wallet app and start using it immediately. While the app’s compatibility with smartphones ensures you can manage your digital assets securely on the go, in the near future, Elysium Wallet will also be available for  tablets, expanding its accessibility. This means you do not need to invest in specialized software or hardware to keep your assets safe, no matter what device you prefer.

Note: To enable passkeys which, right now, are essential for our multi-factor algorithm, your device must be updated to iOS 15.0 or later for Apple devices and Android 28 or higher for Android devices.

MFA: No Extra Tools Required

Elysium’s innovative approach to key management means you do not need to worry about storing or safeguarding static keys or seed phrases. The wallet generates keys dynamically on-demand for each transaction and discards them afterward. This process does not require any extra tools or equipment, just the device you are already using.

Additionally, the Multi-Factor Authentication (MFA) system is built into the Elysium Wallet app, allowing you to choose from different factors such as passkey, password and passcode and even more in the future. All of these authentication factors are natively supported by most modern devices, meaning you do not need any external gadgets to secure your wallet.

Cold Software Wallet for Enhanced Security

Elysium combines the benefits of cold storage with the ease of use that comes with software wallets. A cold software wallet, as implemented by Elysium, ensures that your private keys are never exposed to the internet, significantly reducing the risk of cyber threats. This setup provides the security of a hardware wallet without the need for additional hardware, making it both secure and user-friendly. In the future, there will be the possibility to add hardware as a factor for even more robust security. 

Simple Setup, No Technical Expertise Required

Setting up Elysium’s authentication system is as simple as downloading the app and following the guided setup process. There is no need for technical expertise or special equipment. The intuitive design of the app ensures that both Bitcoin & crypto users and beginners can navigate the setup with ease, selecting their preferred authentication factors without any complications.

Elysium’s authentication system is designed to be accessible to everyone, without the need for special hardware or software. By leveraging the security of a cold wallet within a software-based solution and offering flexible, built-in Multi-Factor Authentication, Elysium provides a robust yet user-friendly way to manage and protect your assets on-chain. 

Whether you are a casual user or a Bitcoin enthusiast, Elysium ensures strong security is within reach, all from the comfort of your device.

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Download Elysium Wallet: Apple Store or Google Play

For more information about Elysium Lab, please visit www.Elysiumlab.io

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Contact Information for Elysium Press Relations, pr@elysiumlab.io

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