Does this device have its own software wallet? What is the digital interface with the network?

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You can read more about it at bitkey.build

This post describes how it works https://bitkey.build/how-the-wallet-works/

Sounds interesting. The recovery seed seems to be the outlying issue to solve. In my personal opinion this is something that should be consequential. You can not call up bitcoin and ask about your Bitcoins, You can not defraud the bitcoin network by asking for a refund. You actually have to take responsibility for your money, Or you loose it. Seems pretty cut and dry otherwise. Cool idea.