Description
Blanq, operated by Blanq Labs BV, has developed an innovative self-custody hardware crypto wallet that utilizes a distributed-key architecture to enhance security and user experience. The system consists of a microprocessor-based smartcard (Blanq card), a mobile application (Blanq app), and a server-side application. The user's cryptographic key is divided into shares within the hardware, distributed with strong authentication, and never leaves the cryptographic processor, disappearing after a transaction is signed. This design eliminates single points of failure and simplifies recovery, as a certain threshold of shares can reconstruct the key. The Blanq wallet is 100% self-custodial, supports multi-factor security, and is compatible with any blockchain and decentralized application. The product is currently shipping to Europe, the US, and Canada.