UNDERSTANDING THE USE CASE OF SAFE HAVEN

nenechi (25)in #cyptocurrency • 7 years ago (edited)

Before now i had often heard about Safe Haven and i wondered what the rave was about, so i went digging and found out this wasnt exacly about Raves, this was an excitement for being part of something so pivotal to life.

First lets understand what Safe haven is. As the name implies, Safe haven means a place of refuge or security it could also mean temporary refuge given to a persecuted person or group. But in this article it means slightly similar to its ordinary meaning

Safe haven is the solution to digital inheritance on the blockchain. Ever wondered what happens when you die.. do you write dowm your password or pass phrase on a sheet of paper or hide them under the carpet, have you asked them how thwy ger asses to your dihital currencies like bitcoin, xrp, etherum, neo and a host of other digital asses.

This is where Safe haven steps in, Making Assets Inheritable!

As the world becomes increasingly interested in cryptocurrency, exchanges and wallets are becoming very popular. So protecting those private keys / seeds or passphrases are becoming a real problem.

SOLVING REAL LIFE ISSUE

Safe Haven is going to revolutionize the market as it solves a real problem in the community. We are desperately in need of a solution that guarantees the safe and secure passage of keys and seeds to our relatives if anything were to happen to us. Safe Haven is the first solution to this issue that allows the user to have complete access while he/she is still around. Safe Haven Is a digital asset Inheritance service backed up by legal entities. They developed a unique protocol called the “Family Circle Share Distribution Protocol” which enables us to not store 100% of the private keys/seeds/passphrases on the blockchain in a decentralised database.

Instead, Safe haven only stores a small part on it with the help of cryptographic algorithms. That share will be executed (deployment and release) on the blockchain through the validation process backed up by legal entities. This process is called the TAN (Trust Alliance Network), this patented process will be theoretical quantum proof and the most secure way to achieve a transparent passage of Digital Assets to other stakeholders or heirs.
It's totally upon the user whether or not he chooses to use Safe haven partial decentralized solution or chooses to go for 100% decentralization on the blockchain. Safe haven offers it all.

The Family Circle Share Distribution Protocol
Safe Haven's Family Circle is a group that can be composed of anyone the user chooses from family to friends or stakeholders.

Finally, Safe Haven will provide the most versatile inheritance platform within the space. Their intent is to cover all possible bases ensuring all consumer protections are in place, while still allowing the liquidity of all your held digital assets. These and many other reasons are why Safe haven will stamd the tests of time.

TEAM

Jürgen Schouppe: Founder/ Security Architect/ LinkedIn

Logino Dujardin: Co-Founder/ Account Manager/ LinkedIn

Andy Demeulemeester: Co-Founder / Software Architect/ LinkedIn

Andrew Kamal: Blockchain Architect/ LinkedIn

Alain Degreffe: DevOps-Software Engineer/ LinkedIn

Dieter Stockman: Lawyer - Legal Advisor/ LinkedIn

Danielle Ambrosia: Press Manager

Ian Pauker: Digital Marketer/ LinkedIn

Luke Yaldo: Public Relations Manager/ LinkedIn

Hadrian Matti: Public Relations TAN/ LinkedIn

Carlos Reyes: Community Moderator/ LinkedIn