Distributed digital wallet seed phrase

A first electronic device comprising:

• at least one hardware processor;
• and
• at least one non-transitory memory storing a first portion of a seed phrase configured to access a crypto wallet of a user,
• wherein the seed phrase corresponds to an ordered set of multiple terms,
• wherein a second electronic device separate from the first electronic device stores a second portion of the seed phrase different from the first portion of the seed phrase, and
• wherein the at least one non-transitory memory stores instructions, which, when executed by the at least one hardware processor, cause the first electronic device to:
• receive an indication that the user seeks to access the crypto wallet based on the seed phrase;
• detect that the second electronic device is physically proximate to the first electronic device;
• in response to detecting that the second electronic device is physically proximate to the first electronic device, cause the second electronic device to communicate the second portion of the seed phrase to the first electronic device;
• temporarily assemble the seed phrase based on the first portion and the second portion;
• and
• enable one-time access to the crypto wallet from the first electronic device based on the assembled seed phrase.

A method for securing a seed phrase, the method comprising:

• causing N portions of the seed phrase to be copied onto N electronic devices,
• wherein the seed phrase corresponds to an ordered set of K terms that are necessary and sufficient to access a digital wallet configured to hold private keys to access digital assets stored on a blockchain,
• wherein each of the N portions includes a set of J terms, and
• wherein J is a number less than K;
• temporarily assembling the seed phrase at a particular electronic device of the N electronic devices based on M portions of the seed phrase retrieved from M electronic devices,
• wherein M is a number less than N but necessary and sufficient to assemble the seed phrase;
• and
• enabling access to the digital wallet based on the assembled seed phrase,
• wherein the assembled seed phrase is deleted or removed from the particular electronic device after expiration of a time period or after only one use to access the digital wallet.