diff --git a/docs-recipes/2.1.1.key-pair.py b/docs-recipes/2.1.1.key-pair.py
index 7b3c94ab..3813919c 100644
--- a/docs-recipes/2.1.1.key-pair.py
+++ b/docs-recipes/2.1.1.key-pair.py
@@ -10,16 +10,24 @@
 }
 """)
 
-key_pair2 = iroha.KeyPair.generate()
+key_pair2 = iroha.KeyPair.random()
 
 print("kp1 =", key_pair1)
 print("kp2 =", key_pair2)
 
-key_pair3 = iroha.KeyGenConfiguration.default().use_seed_hex("001122").generate()
+key_pair3 = iroha.KeyPair.from_hex_seed("001122")
 
-key_pair4 = iroha.KeyGenConfiguration.default().use_private_key(key_pair2.private_key).generate()
+key_pair4 = iroha.KeyPair.from_private_key(key_pair2.private_key)
 
-# kp4 and kp4 should have the same value
+# kp2 and kp4 should have the same value
 
 print("kp3 =", key_pair3)
-print("kp4 =", key_pair4)
\ No newline at end of file
+print("kp4 =", key_pair4)
+
+
+# Different algorithms are supported
+
+print("kp using Ed25519 =", iroha.KeyPair.random_with_algorithm("Ed25519"))
+print("kp using Secp256k1 =", iroha.KeyPair.random_with_algorithm("Secp256k1"))
+print("kp using BlsNormal =", iroha.KeyPair.random_with_algorithm("BlsNormal"))
+print("kp using BlsSmall =", iroha.KeyPair.random_with_algorithm("BlsSmall"))
\ No newline at end of file
diff --git a/docs-recipes/4.register-account.py b/docs-recipes/4.register-account.py
index d790416c..eaee9178 100644
--- a/docs-recipes/4.register-account.py
+++ b/docs-recipes/4.register-account.py
@@ -25,7 +25,7 @@
             api_url,
             chain_id)
 
-new_account_key_pair = iroha.KeyPair.generate()
+new_account_key_pair = iroha.KeyPair.random()
 new_account_id = "white_rabbit@wonderland"
 
 accounts = client.query_all_accounts_in_domain("wonderland")
diff --git a/src/data_model/crypto.rs b/src/data_model/crypto.rs
index 64ac4077..32283aa5 100644
--- a/src/data_model/crypto.rs
+++ b/src/data_model/crypto.rs
@@ -19,27 +19,17 @@ impl PyMirror for PrivateKey {
     }
 }
 
-#[pymethods]
-impl PyPrivateKey {
-    #[new]
-    fn new(encoded: &str) -> PyResult<Self> {
-        let pk = PrivateKey::from_hex(Algorithm::default(), &encoded)
-            .map_err(|e| PyValueError::new_err(format!("Invalid private key: {e}")))?;
-        Ok(Self(pk))
-    }
-}
-
 #[pyclass(name = "PublicKey")]
 #[derive(Clone, derive_more::From, derive_more::Into, derive_more::Deref)]
 pub struct PyPublicKey(pub PublicKey);
 
 #[pymethods]
 impl PyPublicKey {
-    #[new]
-    fn new(encoded: &str) -> PyResult<Self> {
+    #[staticmethod]
+    fn from_string(encoded: &str) -> PyResult<Self> {
         let pk = encoded
             .parse()
-            .map_err(|e| PyValueError::new_err(format!("Invalid private key: {e}")))?;
+            .map_err(|e| PyValueError::new_err(format!("Invalid public key: {e}")))?;
         Ok(Self(pk))
     }
 
@@ -68,13 +58,55 @@ impl PyMirror for KeyPair {
     }
 }
 
+fn string_to_algorithm(string: &str) -> PyResult<Algorithm> {
+    match string {
+        "Ed25519" => Ok(Algorithm::Ed25519),
+        "Secp256k1" => Ok(Algorithm::Secp256k1),
+        "BlsNormal" => Ok(Algorithm::BlsNormal),
+        "BlsSmall" => Ok(Algorithm::BlsSmall),
+        _ => Err(PyErr::new::<PyValueError, _>(format!(
+            "Error: '{}' is not a supported cryptography algorithm. Supported ones are 'Ed25519', 'Secp256k1', 'BlsNormal' and 'BlsSmall'.",
+            string
+        ))),
+    }
+}
+
 #[pymethods]
 impl PyKeyPair {
     #[staticmethod]
-    fn generate() -> PyResult<Self> {
+    fn random() -> PyResult<Self> {
         Ok(PyKeyPair(KeyPair::random()))
     }
+    #[staticmethod]
+    fn random_with_algorithm(algorithm: &str) -> PyResult<Self> {
+        Ok(PyKeyPair(KeyPair::random_with_algorithm(
+            string_to_algorithm(algorithm)?,
+        )))
+    }
 
+    #[staticmethod]
+    fn from_hex_seed(hex_seed: &str) -> PyResult<Self> {
+        let bytes = hex::decode(hex_seed)
+            .map_err(|e| PyValueError::new_err(format!("Failed to decode hex: {e}")))?;
+        Ok(PyKeyPair(KeyPair::from_seed(bytes, Algorithm::default())))
+    }
+    #[staticmethod]
+    fn from_hex_seed_with_algorithm(hex_seed: &str, algorithm: &str) -> PyResult<Self> {
+        let bytes = hex::decode(hex_seed)
+            .map_err(|e| PyValueError::new_err(format!("Failed to decode hex: {e}")))?;
+        Ok(PyKeyPair(KeyPair::from_seed(
+            bytes,
+            string_to_algorithm(algorithm)?,
+        )))
+    }
+
+    #[staticmethod]
+    fn from_private_key(pk: PyPrivateKey) -> PyResult<Self> {
+        Ok(PyKeyPair(
+            KeyPair::new(PublicKey::from(pk.0.clone()), pk.0)
+                .map_err(|e| PyRuntimeError::new_err(format!("{e:?}")))?,
+        ))
+    }
     #[staticmethod]
     fn from_json(json_str: &str) -> PyResult<Self> {
         serde_json::from_str::<KeyPair>(json_str)
diff --git a/tests/helpers.py b/tests/helpers.py
index fbf3a816..3675dacf 100644
--- a/tests/helpers.py
+++ b/tests/helpers.py
@@ -5,4 +5,4 @@ def generate_public_key(seed="abcd1122"):
     """
     Generate a public key using Ed25519PrivateKey.
     """
-    return iroha.KeyGenConfiguration.default().use_seed_hex(seed).generate().public_key
\ No newline at end of file
+    return iroha.KeyPair.from_hex_seed(seed).public_key
\ No newline at end of file