SAFE HAVEN The Solution to Digital Inheritance
SAFE HAVEN
The Solution to Digital Inheritance
What is Safe Haven?
Safe Haven is a token meant to protect our cryptocurrency assets. This token is a safe way to give our legacy to the ones we love and care about. With Safe Haven, we can choose to whom and when our heritage will be passed upon to, all while having total control of our assets.
Perhaps it’s almost everybody’s wish to live a decent life; being able to cover our needs like three meals a day, clothing, a place to live and health bills. To those who have raised a family, those needs are more important than ever. Thus, we worked to the bone ensuring that wish would come true and one day, we finally fulfilled said wish. However, when the time comes – the day when we, the family’s breadwinner – meet our maker, will our family we left behind still live the same life while we’re still around? Naturally we might want to give some, if not all, of our saving, investment, and so on for our loved ones.
Some people around the world have chosen “digital gold” – the Bitcoin, as a digital asset in a way to invest for the future. Problem is, Bitcoin has yet to reach an adequate user-friendly level. One more thing – should we “lose” (or spread) our private key then all of our Bitcoin will be lost. To counter these problems, Safe Haven emerges as a way to give our digital heritage to the ones deserving it.
Safe Haven offers a safe and practical solution. With it, all seed, private key, or the passphrase related to our assets will be encrypted. We will still hold control of our asset when we’re still alive. We can also determine the asset’s shares. For example, let’s said we have 3 kids. The first, as you wish, may receive 30% of your total digital asset. The second may receive 20%, and so on. If something bad happened to us, Safe Haven will give the keys to our asset to the person we wish to grant access to. With Safe haven, our digital asset will be safe in the hands of the people we wished for to receive it.
The Four Protection Steps
As said before, Safe Haven gives away our digital asset to the rightful hands in a safe and easy way. There are four steps of how Safe Haven made that possible.
In this step – there’s a loving father who wanted to protect his assets and planned to give away seed or private keys to his three sons using Safe Haven. The father then does an administrational process needed to do so. Said process is initiated by a member of Trust Alliance Network, legal entities having official and safe relation with Safe Haven – the one which will validate requirements needed in the asset securing process.
Next, said legal entities – now called validator – shared and protected the data meant all three sons with an application designed by Safe Haven. The purpose of this data is enabling the sons to claim their father’s asset. All data created or issued will not be saved or send in memory database. Only the data of the validator will be recorded for validation purposes.
The asset shares, now distributed to the three sons will now be managed by a notary in a form of a legal certificate. The father’s share, in an encrypted form created by Safe Haven app, will be sent to blockchain in a form of smart contract.
Should the father passed away someday, he couldn’t give away his assets to his sons, of course. The sons could show the father’s lost share by showing legal documents create by the notary before. Once the documents have been verified, the lost share now will be accessible from the blockchain.
Safe Haven and the Trust Alliance Network
The Trust Alliance Network (TAN) is a group of an independent social network aimed to solve blockchain-related problems and legal affairs. The goal of TAN is to connect lawyers and notaries specialized in cryptocurrencies to the investor or Safe Haven users.
This legal entity will offer their services to their Safe Haven clients. Potential clients will be able to see their profile, complete address, contact details and fees to pay. The Safe Haven users will also be able to interact directly with this entity using the Safe Haven platform. An article about the legal issues of blockchain will also be available to read o a forum where we, the users, can comment or upvote the article.
Safe Haven Protection Plans
There are four protection plan options offered by the Safe Haven.
The Family Circle Plan (TFC) This option is meant for those who wanted their assets handed to their “heir,” should they die. In this
plan, after the heritor died, the validator is tasked with validating
medical forms given by the heir(s). Then, the process of giving the
assets’ share stored on the blockchain can be done.Business Continuity plan (BCP) Just like the TFC above – but in terms of document validation, the notary does not require the
heritor’s medical documents. Instead, they use notary acts.Investment Circle As its name suggests, in this “circle” everyone related to heritor’s family, friends, or anyone that wanted to invest.
To put it simply, when you and a friend want to invest with
cryptocurrency, with 100$ each, then with Safe Haven’s protocols each
of you will be given a same amount of share. The condition to withdraw
the investment can be determined with mutual agreement, for example,
when the investment’s price reaches a certain level.Safe Haven Vault Like its namesake, this plan is a vault in form of the blockchain. This will give ease in storing all password, seed,
and private key safely. When the day comes for us, our legacy will be
handed to the loved ones with access to our cryptocurrency assets.
Token sale info:
Ticker: SHA
Total supply: 85,000,000
Ethereum Based Tokens (ERC20)
ICO Start Date: SEE https://ico.safehaven.io
Exchange rate Private Investors: 2500 SHA = 1ETH
Exchange rate presale: 2000 SHA = 1 ETH
Exchange rate ICO: 1500 SHA= 1 ETH
Minimum Cap: 3000 ETH
Maximum Cap: 25.000.000$
Conclusion
Safe Haven is a platform where we can safely save our digital assets, and maybe someday, we can pass them to the rightful heirs. Interestingly, Safe Haven is not only applied for giving our legacy to the heirs but also to give a sense of security when we invested in the form of digital asset. After all, the digital asset is relatively new and there’s a chance that people new to it but wanted to invest might counter problems such as storing and remembering their digital passwords.
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Get more info:
Website and social media:
https://www.safehaven.io/
https://twitter.com/safeHavenio
https://t.me/safehavenio
Whitepaper:
https://www.safehaven.io/files/SafeHaven_WhitePaper.pdf
written by mamacita bounty0x