the login is the dapp.
Thats is why all you need to login is a passphrase unlike a dat file.
It is automatically a paper wallet.
If you don't share the passphrase with anyone and write it down instead of saving it to your computer it can't be accessed by anyone else.
There is also an option for a second passphrase for sending any LSK from your wallet for 5 LSK.

Checkout the github link to confirm.
https://github.com/MaxKK/guestbookDapp

Just right after all guys with such questions sell.

The big announcement is apparently here:

http://www.econotimes.com/Blockchain-app-platform-Lisk-hires-Charles-Hoskinson-and-Steven-Nerayoff-as-senior-advisors-218754

HA!  Nice response 

Very true though, the ICO jumper tard crew needs to dump out first and go chase shitcoins like dli(((s)))$$#%k or whatever the fuck it is.  They're now in ICO.  HURRY!!