While there are many ways to store cryptocurrency using digital approaches both locally and even on the cloud, there is also value in storing and protecting your cryptocurrency offline on physical media.
There are now many ways in which one can easily and conveniently yet also safely protect their digital currency above and beyond storing keys online.
Recently, several vendors have started offering a wide variety of USB-based interfaces which enable storing digital keys associated with cryptocurrency. Others have enabled the ability to etch keys using 2D barcodes. These techniques provide end-users with the ability to protect their digital currency in an off-line basis. Much of this was motivated by end-user demand as well as stories in the news in which cryptocurrency databases led to losses or situations in which operating system failure led to the loss of keys associated with the currency’s wallet(s).
It is helpful to consider that both sophisticated and not-so-sophisticated methods are available for end-users to explore the ability to store keys for cryptocurrencies in an offline format.
This should also motivate enterprising developers to come up with creative ways in which cryptocurrency may be protected offline.
For more information on products which offer the ability to store your keys offline, be sure to visit BitChips.com