About Web3Password

Web3Password is a decentralized Password Manager based blockchain and smart contract.

Web3Password PTE. LTD. (UEN 202333030C), a company incorporated in Singapore, specializes in protecting personal and enterprise privacy data by blockchain technology.

Core Features

• Origin

  Currently, approximately $700 billion worth of cryptocurrency is secured by BIP39/BIP44 Mnemonic Phrase of Bitcoin. Mnemonic Phrase has been well proven to be strong, safe and effective. Hence, we have good reasons to believe that Web3Password, based on Mnemonic Phrase, could secure your data effectively. It also could solve your security and policy concerns all about password managers.

• A Brand-new Passkey Account based Bitcoin

  1. Web3Password innovatively introduces BIP39/BIP44 Mnemonic Phrase of Bitcoin into the Web3Password account system and utilizes it to develop a passkey account system based on ECDSA. So Web3Password provides an account system endorsed by Bitcoin, which makes Web3Password's account system as secure as Bitcoin. The Mnemonic Phrase is only controlled by you, and only stored on your own device. Not even Web3Password can access it.

  2. Web3Password has entirely abandoned insecure authentication such as Email, Username, Password, SMS, OTP or 2-Factor. Additionally, Insecure key derivation from Master Password has been completely abandoned, and effectively resolving account security issues caused by brute-force or engineering.

• A Brand-new cross-encryption based Bitcoin

  1. In blockchain represented by Bitcoin, most blockchain products have used Mnemonic Phrase as their account systems. Most blockchain users also use BIP39/BIP44 Mnemonic Phrase to protect their cryptocurrency. Based on our experience of blockchain, Web3Password innovatively introduces BIP39 private key to encrypt your data, therefore your data will be as secure as Bitcoin.

  2. From security incidents in history that many widely used infrastructures may have some security vulnerabilities that have been deliberately implanted. Therefore, many security experts and cryptographers are skeptical about the security of encryption algorithms. They also suspect that some governments and institutions will get involved in the design of algorithms and infrastructures, and then deliberately design some flaws or implants in algorithms or infrastructures.

  3. Based on these experience and lessons, and leveraging the Mnemonic Phrase, to ensure that Web3Password has good future-proof security, Web3Password believes that it's necessary to use different keys and different encryption algorithms to encrypt your data("cross-encryption").

  4. After evaluation by Web3Password engineering team, we have selected AES-256-GCM and Chacha20-Poly1305, two encryption algorithms that support 256-bit keys, to cross-encrypt your data. Additionally, relying on Web3Password's powerful engineering capabilities, we have reserved good scalability to ensure that Web3Password can introduce new security algorithms to encrypt your data when necessary.

• Learn More，View Web3Password Security Whitepaper

Privacy and Open Source

Web3Password has fully considered your concerns regarding backdoors and privacy, and hopes to resolve your concerns about backdoors through our efforts. In alignment with this commitment, relying on Web3Password's advanced account system and powerful data encryption system, a transparent protocol is designed to meet security requirements, protect your privacy, and facilitates third-party auditing.

• Privacy

  1. Don't require email, username, sms, OTP etc.
  2. No any built-in logs or user behavior collection modules.
  3. Communication is transparent, any third-parties could audit it.

• Open Source

  1. Satis
  2. Protocol

Web3Password will open more source code, and will accept any audit by community.

Security

• Security Game：Crack our target account, you could get 0.5 BTC bounty. More

Contact Us

• support at web3password.com
• security at web3password.com
• dpo at web3password.com