Remembering passwords continues to be one of the most irritating requirements of modern technology. Several password management systems already address this issue, but they tend to be cloud-based, which at least some consumers don’t trust.
Vaulteq is a password managing device that functions as a digital vault that the user has total control over. It is stored in the home or office, but can be accessed from anywhere the user goes with a digital device. It is compatible with Android, iOS and Windows mobile devices, and uses two-factor authentication, a technology that provides identification of users via two different components. To log into Vaulteq, the user needs a password and a virtual token that is sent to the user’s mobile app when registering. An unlimited number of accounts can use one device.