About
This standards uses two cryptography techniques. The first one, AES encryption 128-bits X2, 32 character hash (which locks your data), and finally Steganography (which hides your data).
In this protocol, wallets are created offline, encrypted, and stored within the pixels of an image as RGB data. This makes it impossible to know whether there's any encrypted bitcoin wallet on your computer, since they can now be storing using colours, in images.
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[Figure 1.0] - offline wallet generation & storage
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Example
For anyone looking for an example, you can download one here http://imgur.com/gallery/lgTwF
One contains no data, the other contains a wallet with 100 keys. The password to unlock the encrypted flower is: flower
Original image
flower image with a wallet, storing 100 keys
The size of the stored data is 4.22kb. The size of the original file is 1.61MB. The size of the encrypted file is 0.99MB