diff --git a/src/model/account/private_key.rs b/src/model/account/private_key.rs
index 126f92a..97746bc 100644
--- a/src/model/account/private_key.rs
+++ b/src/model/account/private_key.rs
@@ -12,6 +12,16 @@ pub struct PrivateKey {
     public_key: PublicKey,
 }
 
+impl std::str::FromStr for PrivateKey {
+    type Err = Error;
+
+    fn from_str(base58string: &str) -> Result<PrivateKey> {
+        let bytes = Base58::decode(base58string)?;
+        let bytes_array: [u8; 32] = bytes.try_into()?;
+        PrivateKey::from_bytes(bytes_array)
+    }
+}
+
 impl PrivateKey {
     pub fn from_seed(seed_phrase: &str, nonce: u8) -> Result<Self> {
         let hash_seed = Crypto::get_account_seed(seed_phrase.as_bytes(), nonce)?;
@@ -79,6 +89,8 @@ impl PrivateKey {
 
 #[cfg(test)]
 mod tests {
+    use std::str::FromStr;
+
     use crate::error::Error::InvalidBytesLength;
     use crate::error::Result;
     use crate::model::account::PrivateKey;
@@ -149,4 +161,13 @@ mod tests {
         assert_eq!(private_key.bytes(), [0_u8; 32]);
         Ok(())
     }
+
+    #[test]
+    fn test_private_key_std_from_str() -> Result<()> {
+        let seed_phrase = "blame vacant regret company chase trip grant funny brisk innocent";
+        let private_key_from_seed = PrivateKey::from_seed(seed_phrase, 0)?;
+        let private_key_from_str = PrivateKey::from_str(&private_key_from_seed.encoded())?;
+        assert_eq!(private_key_from_seed.bytes(), private_key_from_str.bytes());
+        Ok(())
+    }
 }
diff --git a/src/model/account/public_key.rs b/src/model/account/public_key.rs
index 899bd74..a4ba707 100644
--- a/src/model/account/public_key.rs
+++ b/src/model/account/public_key.rs
@@ -16,6 +16,15 @@ impl fmt::Debug for PublicKey {
     }
 }
 
+impl std::str::FromStr for PublicKey {
+    type Err = Error;
+
+    fn from_str(base58string: &str) -> Result<PublicKey> {
+        let bytes = Base58::decode(base58string)?;
+        Ok(PublicKey { bytes })
+    }
+}
+
 impl PublicKey {
     pub fn from_bytes(bytes: &[u8]) -> Result<PublicKey> {
         if bytes.len() != 32 {
@@ -71,6 +80,8 @@ impl TryFrom<String> for PublicKey {
 
 #[cfg(test)]
 mod tests {
+    use std::str::FromStr;
+
     use crate::error::Error::InvalidBytesLength;
     use crate::error::Result;
     use crate::model::account::{PrivateKey, PublicKey};
@@ -136,6 +147,14 @@ mod tests {
         Ok(())
     }
 
+    #[test]
+    fn test_public_key_std_from_str() -> Result<()> {
+        let expected_string = "8cj6YzvQPhSHGvnjupNTW8zrADTT8CMAAd2xTuej84gB".to_owned();
+        let public_key = PublicKey::from_str(&expected_string)?;
+        assert_eq!(expected_string, public_key.encoded());
+        Ok(())
+    }
+
     #[test]
     fn test_byte_string_for_public_key() -> Result<()> {
         let public_key: PublicKey = "8cj6YzvQPhSHGvnjupNTW8zrADTT8CMAAd2xTuej84gB".try_into()?;