#Encrypting password on machine 1
$File = "\Machine1SharedPathPassword.txt"
[Byte[]] $key = (1..16)
$Password = "P@ssword1" | ConvertTo-SecureString -AsPlainText -Force
$Password | ConvertFrom-SecureString -key $key | Out-File $File

#Accessing the password on machine 2
$File = "\Machine1SharedPathPassword.txt"
[Byte[]] $key = (1..16)
Get-Content $File | ConvertTo-SecureString -Key $key