What is Blockchain Private Key QR?
A blockchain private key QR (Quick Response) refers to a graphical image which is a 2D-barcode that stores the user’s private key in a scannable format.
- Storing the private key in the QR code gives ease of access for transacting and getting info for the user’s account as the user won’t have to manually type it out or store it in a paper or digitally in the cell phone.
- This is a very convenient way to store the private keys as the QR code can be scanned by any smartphone, computer or scanners in seconds and make transactions very quickly.
- User need to ensure not to loose the QR code as it gives direct access to the funds in user’s account.
What is Blockchain Private Key QR Code and How to use it?
Blockchain is a trending technology and in its ever-evolving ecosystem, exists many key components that ease up the process of management of digital assets. Blockchain Private Key QR is one of the components for conveniently storing private keys and faster access to funds.
In this article, we’ll be exploring the blockchain private key, the private key QR code, how to store the private key in the QR code, and their uses, etc.