Safe Haven – What it is & How to Buy

Since 2017, Safe Haven has been using blockchain and its own innovative security and storage protocols to provide clients with safe, efficient methods of managing and transferring their digital assets. Safe Haven prides itself on partnering with various organizations within the cryptocurrency and blockchain communities to create a trusted network of decentralized financial technology companies.

While the company is still growing, its current ecosystem offers many solutions for managing digital assets such as cryptocurrency, NFTs, photos, and documents.

What is Safe Haven?

At its core, Safe Haven is designed to be a secure DeFi toolbox for the digital and traditional economy. This includes providing clients with digital inheritance and backup solutions, secure digital ledger technology, browser-based wallets, ID management, funding and charity pooling, and a blockchain mass payment system. Clients will find a fully realized DeFi ecosystem within which they can manage, store, and transfer their digital assets smoothly and securely, without any of the red tape or restrictions associated with going through middlemen such as notaries or banks.

SHA is a cryptocurrency that is integral to the function of the Safe Haven ecosystem. It is used in all Safe Haven products, for example to create digital inheritance and backup plans, as well as used in staking and locking mechanisms. SHA can be purchased on several cryptocurrency trading platforms, including KuCoin, BitMart, Vexchange, PancakeSwap, and Bitrue.

Safe Haven’s main product available is Inheriti®, which enables a decentralized way to back up digital assets for personal risk management and/or for digital inheritance scenarios. To further supplement Inheriti®, Safe Haven offers a hardware SafeKey, which is a device capable of universal two-factor identification and secure data storage. SafeKey allows clients to access their accounts on multiple platforms, such as cryptocurrency exchanges, Facebook and Google, with the click of a button. SafeKey’s cold storage functionality for Inheriti® shares comes through its support of the SSDP (Secure Share Distribution Protocol).

Additionally, Safe Haven has recently launched SafeSwap, an atomic swap platform that enables interoperability for token projects by allowing tokens to transfer between compatible blockchains. As a quick example, a user can convert their ETH tokens that are Ethereum-based (ETH-ERC20) to ETH tokens that are Polygon-based (ETH-MATIC). In this way, token projects can expand their reach to other blockchain communities.

How Does Safe Haven Work?

Safe Haven uses a security-focused, blockchain agnostic approach to backup, ID management, inheritance, and transfer of digital assets and data.

Step-By-Step Guide for Using Safe Haven

1. Visit the website’s homepage.
2. Choose the product you’re interested in.
3. Follow the user guides or tutorials available for each product.
4. If interested in setting up digital inheritance or backup plans: purchase SafeKey via webshop and purchase SHA to use as utility token for the plan.

Who Should Use Safe Haven?

Safe Haven’s digital ecosystem can benefit anyone looking for secure DeFi solutions to streamline and decentralize their online transactions and assets. Additionally, if you are connected with a blockchain project that is looking to go cross-chain, Safe Haven’s SafeSwap atomic swap service may be the perfect partner to make the next step and engage with new blockchain communities.

Currently, the company’s inheritance and backup services are largely tailored toward individual clients who want to manage their digital assets through a secure platform. But once fully realized, Safe Haven intends to expand its platform to include solutions for entrepreneurs, developers, blockchain projects, and existing financial services companies.

Who’s The Team Behind Safe Haven?

Safe Haven has its origins in Belgium, though the company now spans eight countries on three continents. Its founders include Jurgen Schouppe, an IT professional and network/security engineer employed by the European Parliament, and Andy Demeulemeester, an entrepreneur with over fifteen years of experience in various multinational companies. Both co-founders have been involved in blockchain from their earliest days, and they have a vested interest in creating secure and decentralized digital storage solutions that are accessible to all.

In keeping with the collaborative, community-oriented spirit of blockchain and decentralized finance technology, Safe Haven is partnered with several companies and organizations dedicated to different aspects of digital asset transfer, storage, and security. These partners include:

• Lunar Crush
• VeChain
• Polygon
• Intigriti
• Nitrokey
• Red4Sec

What Makes Safe Haven Unique? 

Decentralized Inheritance and Backup. Inheriti® is a secure, decentralized way to backup, transfer your digital assets such as cryptocurrency, NFTs, photos, and documents, even after your death.

Atomic Swap Platform. SafeSwap makes it possible to use developed solutions beyond their native chain, opening a door of expansion to new user groups without having to migrate from their native chain of choice. Because SafeSwap is a 1:1 swap, the tokenomics and maximum supply are kept intact. Additionally, no liquidity is needed which eliminates common DEX problems, like low liquidity and high slippage. At no point during the process does the user lose control of the assets being swapped.

Hardware Universal Two-Factor Key. SafeKey is a device capable of universal two-factor identification to access accounts on platforms, such as cryptocurrency exchanges and Google, with the click of a button. It also has secure storage capabilities, like cold storage functionality for Inheriti® shares through SSDP (Secure Share Distribution Protocol).

ID Management. SafeID uses one single login to access an assortment of apps, reducing password fatigue and decreasing the likelihood of security breaches due to multiple weak passwords.

Patented and Audited. Safe Haven uses both patented and patent-pending technologies to strengthen its ecosystem. For added security, a partnership with Red4Sec, an industry-trusted cybersecurity firm, ensures that smart contracts and platform services are audited. Additionally, Intigriti, Europe’s #1 ethical hacking and bug bounty platform, runs an active bug bounty program for Safe Haven.

Conclusion

Cryptocurrency investors and customers looking for stable DeFi solutions for their digital assets should follow Safe Haven’s development with interest. In particular, anyone seeking to create a streamlined and decentralized inheritance and/or backup plan for their digital assets should check out Safe Haven’s security-forward, blockchain-centered approach to digital inheritance. As an added benefit, those who struggle with remembering multiple passwords or who have a tendency to create simple passwords out of frustration will benefit from using SafeKey, which allows access to multiple apps through one secure login.

Additionally, users and token projects that seek to move various tokens across blockchains should certainly take a look at SafeSwap for atomic swapping capabilities.

Learn more about Safe Haven by visiting their website to see if this wallet is right for you.

FAQ

Is Safe Haven Legit?

Yes, Safe Haven is a legitimate company with open ties to several other well-established wallets and DeFi-oriented businesses. They maintain public social media profiles on most of the major platforms, including Twitter, Facebook, YouTube, LinkedIn, and Reddit.

What is Safe Haven’s Privacy Policy?

Per their website, the company adheres to the General Data Protection Regulation (GDPR) established by the European Union in 2018. While they collect data voluntarily submitted by their customers, they do not share that data with third parties. When the company no longer has a need for your private data, they will either delete or anonymize it.

How Responsive is Safe Haven?

According to their website, the team is committed to answering messages from customers within five business days. Head to their “Contact Us” page for a detailed breakdown of where to submit your query.

This article was originally posted by CRYPTOHOLICS