Cryptosteel is, according to its manufacturer a fireproof/waterproof/shockproof backup for your wallets. You can store different types of data inside, most popular is either a seed for your hardware wallet (like trezor/ledger) or a Hex private key.
Using cryptosteel is much more efficient than engraving.
Thank you for watching, if you have questions, proposals, feel free to contact me: @tongokongo on telegram and NEM forum or in the comment section.
Opinion produced in this video is just my own opinion. I am not a financial advisor, just a guy speaking about the news and technology behind the NEM blockchain and blockchain tech overall.
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Links:
https://cryptosteel.com/
https://github.com/cryptosteel/cryptosteel
Social:
Steemit: https://steemit.com/@tongokongo
Twitter: https://twitter.com/cryptoTonyNEM
If you find it useful, please shoot me some NEM!
NAWNNR-2SEDKU-YOBSKU-Q3VLZE-7WQW3D-YJ6UTE-SXOJ
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