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OpenTurnkey , “OTK” for short, is the only secure private key that holds the access privilege to the corresponding digital asset. It communicates to a digital wallet through NFC and utilizes a user's fingerprint to control spending. A user of OTK does not need to memorize any password or secure phrases of any kind. Because it is the only private key, the user can even simply turn an OTK to another person to complete a transaction, which is 100% secure, anonymous, offline, and free from transaction fees.

OpenTurnkey uses NFC as the only communication to the outside world. The private key is generated within OpenTurnkey and never leaves the device.

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