Ever since the advent of Blockchain in 2008, cryptocurrencies have gained popularity and they are being used by millions of people around the world as a mean of exchange. Being an excellent attribute to store value, these virtual currencies are backed by the unbreakable cryptography and are supported by various communities. As a result, risks have emerged that if the private keys are lost or if crypto-owner passed on, this digital fortune will be lost forever. Our aim is to provide a solution to mitigate these risks with an innovative consumer technology that is universal, user- friendly, decentralized and cost effective.