PalWallet private encryption algorithm using Multi-party Computation (MPC) technology to encrypt the traditional mnemonics (12 or 24 words) / private key with Unique secret signature based on user profile (5 factors) for non-custodial & custodial wallets.
Palwallet cannot access your funds, and unlike traditional custodial wallets we provide account backup and recovery using a client 5 factors with our unique user profile signature