Kirobo, a technology company developing a logic layer for the blockchain, is announcing the launch of the Liquid Vault, an on-chain wallet, and DeFi infrastructure.

Featuring innovative backup, inheritance, and retrievable transfer solutions, the Liquid Vault is looking to be the access point to a complete DeFi ecosystem with a suite of unique decentralized and non-custodial services.

The backup service is a first-of-its-kind solution for ETH, ERC-20 tokens, and NFTs. It addresses the endemic issue of cryptocurrency being rendered inaccessible due to loss of cold wallets and lost or forgotten private keys.

The inheritance service, which will be available at the beginning of 2022, is a much-needed solution that will become increasingly crucial as the years progress. Acting as a blockchain-based will and testament, it enables users to define several heirs and choose how much each will receive.

Asaf Naim, CEO and co-founder of Kirobo, said: “This is a game-changer for the web3 infrastructure. Users have long suffered from a complex, fragmented user experience and worry over losing access to their assets. The Liquid Vault solves all of these problems in a single package – and it’s going to solve many more in the future. We couldn’t be prouder that we’re well on the way to our goal of making cryptocurrency management as simple and secure as online banking.”

At the beginning of 2022, Kirobo is looking to integrate the Liquid Vault with leading DeFi services – including DEXs – allowing its users to interact with them as they currently do with their Ethereum wallets.

Tal Asa, CTO and co-founder of Kirobo, said: “Web3 users were facing a choice between security and decentralization. That’s no longer the case with the Liquid Vault. We’ve produced a non-custodial, user-powered suite of solutions for crypto protection and asset growth.”