Encrypted currency mobile wallet ZenGo plans to launch the first unprivileged wallet with a private key

According to Coindesk, ZenGo, a cryptocurrency mobile wallet company based in Tel Aviv, Israel, plans to launch the first unmanaged wallet without a private key, point of failure or password, but with a fully managed experience. According to previous reports, ZenGo has raised $4 million through investment institutions such as Benson Oak Ventures, Samsung, and Elron.