Brussels, Belgium, September 2, 2024, Chainwire
The company has completely redesigned its original product to address the needs of the web3 community while also making it available to web2 users.Safe Haven, a web3 company providing decentralized data backup, inheritance, and transfer solutions, today announced the release of Inheriti® 2.0, a multi-patent, multi-signature, distributed digital storage and digital inheritance solution that enables cryptocurrency owners to securely back up their private keys or secrets while maintaining full control over them.
The fresh product is a complete overhaul of version V1.0, which offered only digital inheritance — an industry that is expected to reach a market value of $52 billion by 2030.
Inheriti® V2.0 introduces a completely separate workflow for backup plans and legacy plans – a huge feature. Using the fresh workflow, users can release their data in less than a minute. The system allows users to secure private keys, seed phrases, credit card information, online accounts, or any plaintext data using the company’s multi-patent Secure Share Distribution Protocol (SSDP).
This technology is protected by patents in the US under number US11316668B2 and in Europe under number EP3654578B1. The patent in China is pending.
The patents are owned by SafeTech Labs, a holding company of Safe Haven that develops the Safe Haven technology ecosystem.
SSDP is a cutting-edge technology designed to provide the highest level of security and reliability in digital asset management. SSDP uses proprietary techniques that include encryption and fragmentation, distributed storage, and controlled recovery. This technology is an integral part of how Inheriti® protects digital data, setting fresh industry standards for encryption and decentralization.
Additionally, Inheriti® V2.0 introduces:
● Mobile application enabling secure storage of encrypted shares.
● More extensive customization options for each plan.
● Completely rebuilt user interface (UI) to deliver an exceptional user experience (UX).
● Web2 payment options.
● Latest security enhancements.
● Ability to add a “social circle” backup plan that requires a minimum number of users to gather in order to decrypt data – useful for corporate and DAO backup plans.
● Billing for private and business users.
● 100% privacy compliance.
“Web3 and blockchain are the only technologies that can securely address the needs of today’s private key backup solutions,” says Jürgen Schouppe, CEO and co-founder of Safe Haven and SafeTech Labs. “Inheriti® V2.0 is the world’s first product that implements all industry best practices to ensure users protect their keys and seed phrases while preventing the risk of data loss in the event of a loss of backup credentials.”
Multiple independent security tests have confirmed that Safe Haven does not store any user keys in its backend systems.
“We are strong believers in the principle of ‘not your keys, not your crypto’ and we have designed every aspect of Inheriti® to ensure that this will always be the case,” Schouppe says.
Inheriti® uses a combination of triggers and data shares that must be combined in a controlled manner to successfully decrypt the entire backup package. Users can also configure “Dead Man’s Switch (NYSE:)”, which will carry out its activities and distribute the keys to designated beneficiaries if the user is unable to personally participate in the decryption.
The Inheriti® service will be available starting August 29, 2024, and users can create backup plans here: https://www.inheriti.com/.
For more information about Inheriti® V2.0, visit https://www.inheriti.com/.
About Safe Haven: Founded in 2017, Safe Haven specializes in data backup, inheritance, and transfer products. Safe Haven’s product ecosystem includes a hardware device, a custom wallet, a blockchain development service platform, an ID management solution, and other web3 solutions. SafeTech Labs, the company behind Safe Haven’s technology, holds patents in the US and Europe and a patent pending in China.
ContactGeneral DirectorJürgen SchouppeSafe Havenpress@safetech.io
