Web3 Firm Protected Haven Publicizes World’s First Multi-Patented, Multisig, Multi-Chain Backup and Digital Inheritance Answer

Brussels, Belgium, September 2nd, 2024, Chainwire

The corporate utterly revamped its unique product to reply web3 group wants, while additionally to make the product accessible for web2 customers.Protected Haven, a web3 firm offering decentralized options for backup, inheritance, and knowledge transfers, introduced at this time that its releasing Inheriti® 2.0, a multi-patented, multi-signatory, distributed storage answer for entry to digital knowledge and digital inheritance that permits cryptocurrency house owners to securely again up their non-public keys or secret knowledge whereas nonetheless sustaining full custody of them.

The brand new product is a complete revamp of its V1.0 model, which solely supplied digital inheritance—an trade that itself is about to succeed in a market dimension of $52 billion by 2030.

Inheriti® V2.0 introduces a wholly separate move for backup plans and inheritance plans—a large function. Utilizing the brand new workflow, customers can launch their knowledge in lower than a minute. The system lets customers safe non-public keys, seed phrases, bank card particulars, on-line accounts, or any plain textual content knowledge utilizing the corporate’s multi-patented Safe Share Distribution Protocol (SSDP).

Patents for the know-how are energetic within the USA beneath patent quantity US11316668B2 and in Europe beneath EP3654578B1. China’s patent is pending.

The patents are held by SafeTech Labs, Protected Haven’s holding firm that develops Protected Haven’s ecosystem of know-how.

SSDP is a cutting-edge engineered to make sure the utmost safety and reliability in digital asset administration. SSDP makes use of proprietary methods encompassing encryption and fragmentation, distributed storage, and managed restoration. The know-how is integral to how Inheriti® protects digital knowledge, setting new requirements within the trade for encryption and decentralization.

Moreover, Inheriti® V2.0 introduces:

● A cell app for safe storage of encrypted shares.

● Extra in depth choices to tailor every plan.

● Whole consumer interface (UI) overhaul for an distinctive consumer expertise (UX).

● Web2 cost choices.

● Newest safety enhancements.

● The flexibility so as to add a “social circle” backup plan that requires a minimal variety of customers to return collectively to decrypt it—helpful for firm backup plans and DAOs.

● Invoicing for personal and enterprise customers.

● 100% privateness regulation compliance.

“Web3 and blockchain are the one applied sciences able to securely assembly the wants of personal key backup options at this time,” says Jürgen Schouppe, CEO and co-founder of Protected Haven and SafeTech Labs. “Inheriti® V2.0 is the world’s first product that implements each single trade best-practice to make sure that customers keep custody of their keys and seed phrases whereas nonetheless stopping the danger of knowledge loss in the event that they lose their backup credentials.”

A number of third-party safety exams have confirmed that Protected Haven doesn’t retailer any consumer keys on its backend techniques.

“We’re adamant believers in ‘not your keys, not your crypto,’ and we’ve designed each facet of Inheriti® to make sure this all the time stays true,” says Schouppe.

Inheriti® makes use of a mixture of triggers and knowledge shares that have to be mixed in a managed option to efficiently decrypt your entire backup package deal. Customers may arrange a “Useless Man’s Swap (NYSE:)” that may run its course and launch the keys to designated beneficiaries if the consumer is unable to take part within the decryption themselves.

The Inheriti® service will probably be accessible beginning August 29, 2024 and customers can create their backup plans right here: https://www.inheriti.com/.

For extra details about Inheriti® V2.0, go to https://www.inheriti.com/.

About Protected Haven: Established in 2017, Protected Haven makes a speciality of backup, inheritance and knowledge switch merchandise. The Protected Haven ecosystem of merchandise features a {hardware} gadget, customized pockets, blockchain improvement providers platform, an ID administration answer, and different web3 options. SafeTech Labs, the corporate behind Protected Haven’s know-how, holds patents within the USA and Europe, and has a patent pending in China.

ContactCEOJürgen SchouppeProtected Havenpress@safetech.io

This text was initially revealed on Chainwire