Litevault is a trustless virtual crypto wallet for Litecoin that uses encrypted wallet services. It allows users to easily send, and receive Litecoins without the need of downloading any software through an extremely easy-to-use interface offered by the firm. The platform provides an encrypted version of the wallet along with the AES algorithm which is decrypted by making the use of a significant password to get the private key. The platform was founded in 2015 and is headquartered in Zug, Switzerland.
Litevault is one of the core projects of Zulu Republic, an ecosystem of blockchain tools and platforms where people, organizations, and businesses can thrive to gain the finest opportunities in the blockchain and cryptocurrency industry. To reduce the risk of the coin operator executing with the funds, Litevault uses an in-browser cryptography system. The significant advantages of the platform’s ecosystem are secure, fast, open, and easy.