Anodos Partners with Safe Haven to Bring SHA and Inheriti® Plans On The XRP Ledger - Safe Haven

Anodos Partners with Safe Haven to Bring SHA and Inheriti® Plans On The XRP Ledger

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Posted on Tuesday 5 December 2023 at 10:58 Partnerships

This announcement was first published by Anodos on their blog.

Anodos is thrilled to announce a strategic partnership with Safe Haven, a pioneering force in digital inheritance solutions. Our collaboration aims to seamlessly integrate Safe Haven’s SHA token and Inheriti® onto the XRP Ledger (XRPL).

At Anodos, we’re all about enhancing accessibility and utility, and this partnership echoes our commitment to these values. By overseeing the issuance of the SHA IOU on XRPL, we’re creating a gateway for users to trade SHA tokens effortlessly on XRPL’s Decentralized Exchange (DEX) and the upcoming Automated Market Maker (AMM). This means more accessibility, more opportunities, and more liquidity for SHA within the vibrant XRPL ecosystem.

Anodos is also building AnodoSwap: a one-stop trading, liquidity provision, and portfolio management platform for the XRP Ledger and its AMM. Once launched, SHA will be listed on AnodoSwap and a SHA/XRP liquidity pool will be created to further enhance the liquidity of SHA.

There will be 2 phases for this collaboration. Phase 1 will begin next month, January 2024, where 10m SHA will initially be issued on the XRP Ledger and become immediately available to trade on the DEX. Once the EVM sidechain launches, we will move to phase 2 that includes the integration of the EVM sidechain on SafeSwap. SafeSwap is Safe Haven’s atomic bridge that facilitates the transfer of native tokens across different chains. Once SafeSwap is operational, the SHA IOU on XRPL mainnet will be locally burned by Anodos and smoothly exchanged for native SHA swapped via SafeSwap. SafeSwap from then on will enable atomic swaps of SHA and other tokens on XRPL between the EVM sidechain and other supported chains on SafeSwap. The two-phase integration is designed to provide users with a seamless and robust cross-chain experience, fostering accessibility and interoperability across different blockchain ecosystems.

Furthermore, this partnership opens avenues for users to leverage their SHA tokens in practical scenarios. After the integration, users will be able to create Inheriti® plans natively on the XRPL by paying with SHA via XUMM wallet. This seamless integration streamlines the utilization of SHA for Inheriti® and beyond, offering users a convenient and efficient payment method.

What is Inheriti®

Inheriti® is a decentralized and patented data backup and inheritance solution, offering unrivaled security in the management and transfer of the access to digital assets, NFTs, social media accounts, and digital data.

What Is The Cost of An Inheriti® Plan?

You can create a lifetime decentralized personal backup and/or inheritance plan for the price of 10,000 SHA. In the future, subscriptions will also be available, as well as a fiat payment option to make the solution accessible to a wider group of customers.

Inheriti® reduces the risk of losing digital assets, NFTs and access to wallets, exchanges and other (social media) accounts, and enables you to feel confident about the safeguard of your secret data.

Panos Mekras, co-founder and CFO of Anodos, expressed excitement about the collaboration, stating, “Our partnership with Safe Haven represents our commitment to expanding the accessibility and utility of digital assets within the crypto and XRPL ecosystem. Enabling the integration of SHA on XRPL represents a significant leap in user convenience and token utility.”

The partnership between Anodos and Safe Haven signifies a strategic move to empower users by enhancing the accessibility and utility of digital assets. Through the integration of SHA tokens onto XRPL, both entities are dedicated to driving innovation and fostering a more inclusive blockchain ecosystem.

About Safe Haven:

Established in 2017 in Belgium, Safe Haven is building DeFi solutions for safely managing, storing and transferring your crypto or other digital assets like NFTs, passwords, pictures and documents. Safe Haven’s products include decentralized backup and inheritance solution Inheriti®, cold storage of Inheriti® shares with SafeKey and SafeSwap atomic cross-chain bridge for transfer of native tokens. The products have been developed by experts in the fields of blockchain and security, ensuring decentralized, reliable and robust solutions.

Safe Haven Links:

About Anodos:

Anodos is a crypto-native company developing cutting-edge and user-friendly Web3 applications that make it easier for everyone to access and utilize the potential of crypto and blockchain technology. Through a suite of applications, Anodos aims to be the utility layer of Web3 powered by the XRP Ledger. Anodos’ vision stretches beyond being just a software development company — their commitment extends to driving education within the crypto industry, bridging ecosystems, and fostering innovation across various horizons.

Anodos Links:

This article was originally posted by Anodos

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