Flash Development Update [2023/31-32] - Safe Haven

Flash Development Update [2023/31-32]

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Last week, unfortunately, we had to skip our weekly update because some of our team members went on a well-deserved vacation and others were affected by the situation in their country. We are happy to report that the situation in the affected country has improved somewhat, and we are optimistic that our team members will be able to return to full productivity in due course.

AI remains a hot topic this week. With the rise of artificial intelligence and concerns about data, it becomes important to make a commitment to protect our valuable data. This need for higher levels of security is poised to increase in the coming years, thus highlighting the growing importance of encrypted data backup and the significance of digital inheritance.

Whether you run a business and handle important information or you’re someone who has cherished memories stored on your devices, it’s extremely important to create a plan for safeguarding your data and online identity. This ensures that your information remains secure and your online presence is well-protected.

A digital inheritance plan using encrypted backups provides this peace of mind and assures that your data is protected against loss, and are passed down to your loved ones or business partners in the event of your death or incapacitation. Additionally, in a world where cyber threats are becoming increasingly sophisticated, SafeKey Pro, in conjunction with Inheriti®, provides a sense of security through its distinctive blend of secure online authentication and encrypted data storage. It’s truly unparalleled.

“SafeKey Pro is the ultimate solution for anyone looking to protect their online accounts, sensitive data, and valuable digital assets“, says Jürgen Schouppe, CEO of SafeTech, a cybersecurity expert, and the inventor of the SSDP protocol.

With all this being said, let’s dig into what happened last week!

First SafeSwap Whitelabel Contract Signed

We are pleased to announce that we signed the first-ever SafeSwap Whitelabel contract. The whitelabel contract allows the other party to pay for a license to use SafeSwap with their own branding.

A whitelabel agreement is advantageous for dApp developers who can thus integrate SafeSwap into their solutions under their own brand name. It offers the possibility to quickly establish themselves and offer the service without having to create it from scratch. It also offers the builders and projects the opportunity to establish more direct relationships with customers, allowing them to better target their marketing.

The whitelabel contract is a mutually beneficial agreement for both Safe Haven/SafeTech and our SHA node holders. By entering into this type of contract, we are able to expand our customer base and provide customer support services for these new customers. This allows us to reach a wider audience and enhance our overall service offerings.

Furthermore, this arrangement also benefits our SHA node holders. The set portion of the swap fees is still distributed to SHA node holders.

Overall, the whitelabel contract supports our growth and expansion plans, while also providing benefits for our valued SHA node holders. We are also working on a reseller program for SafeSwap. Interested parties can come forward for more information.

More Chain Integrations SafeSwap

We are currently working hard to expand the number of chain integrations available in SafeSwap. Our goal is to provide builders and users with an even wider range of options of chains and tokens/coins. In the coming weeks, we hope to be able to share more information with you about the progress we have made on this front. We are excited about the potential that these new integrations will bring to our platform, and we believe that they will help us to continue providing our users with the best possible experience.

Preparation Customer Support Structure

Our goal is to enhance customer support and experience, which will help us increase our user base and help us prepare for higher adoption. To achieve this aim, we are planning to implement a ticket support system, in addition to the technical assistance provided through our various channels.

This new system will bring several benefits, including faster and more efficient support, which will enable us to resolve issues more quickly and improve customer satisfaction.

Additionally, the ticket support system will help us collect and analyze data on customer interactions, allowing us to recommend changes to improve our products and processes.

Finally, the system will make it easier to track technical problems, ensuring that we can identify and address issues promptly. It will also help us identify missing or incorrect information in process documentation, allowing us to improve our operational efficiency and provide better support to our clients.

Overall, the implementation of this ticket support system will be a significant step forward in our efforts to enhance customer support and experience, and we are confident that it will help us attract more users and improve our business performance in the long run.

Ongoing Inheriti® 2.0 and Comet Developments

Currently, we are eagerly awaiting the final version of Comet, so we can start the last internal tests and start auditing.

The Inheriti® 2.0 frontend developers have made significant progress in the frontend part of the development process, which is near completion. However, there are still other aspects of the development process that need to be completed before the release. The team is committed to delivering the best possible product and is taking the necessary steps to ensure that every aspect of the development process is thoroughly tested and vetted. As they move forward, they will continue to keep everyone informed of any updates or changes to the development process.

vechain.network Nodes 100% Uptime

One of the impressive features of the vechain.network is its nodes’ 100% uptime. This means that the network is incredibly reliable and stable, providing users with uninterrupted access to the network, and allowing them to conduct their business with confidence and ease. This is particularly important in a world where downtime can cause significant financial losses and damage to reputation.

This high level of uptime is a testament to the robust infrastructure of the network and the expertise of SafeTech’s devops team behind it. This result helps us build a trusted brand and acts as a calling card in our efforts to bring our products to market. 💪

Overall, the vechain.network’s 100% uptime is a significant advantage in a highly competitive industry and sets it apart from other blockchain networks that struggle with downtime and instability.

Staking Program August

There has been an overwhelming amount of interest in the August Staking Program. The Harbor and Consensus pools have reached full capacity due to the high demand from SHA holders. In fact, we have already hit the 200 million SHA cap for the second time this year, which is a remarkable achievement. It is clear that the SafeNode staking program has been a tremendous success, thanks in part to the increased number of holders, which currently stands at 11,370.

The high level of participation and interest from holders is a testament to the success of the program and we are confident that we will break that record in the future..

Voting Magic Square

As we mentioned in our last Flash Friday, we are pleased that SafeSwap has successfully passed the pre-approval step in the Magic Store Validation process. Magic Square stands as the gateway to Web3. Through the Magic Store, we offer traditional Web2 users and builders the ability to get acquainted with the benefits and functionality of SafeSwap, our cross chain atomic swapping protocol that’s changing the game for interoperability of tokens and dApps by transferring native tokens across chains.

The Community-Validation Step is ongoing and you can still vote for approving SafeSwap until August 17th. If we receive 60% or more “YES” votes, we will be granted an official “Validated” Badge on the Magic Store. At the moment almost 27K votes and SafeSwap is looking good. 😃


Twitter Space Unveiling the Potential of Web3 and Blockchain with Startup Grind

On the 18th of August at 9PM CET, listeners are in for a treat as they get to hear from the esteemed guest, Luke Pillarella, executive producer from Startup Grind. The topic of discussion during the event will be a general market chat revolving around the world of startups and entrepreneurship. The listeners will get to know more about the workings of Startup Grind, one of the leading communities of startups, entrepreneurs, and innovators. Additionally, the guest will shed some light on how Safe Haven and Startup Grind are working together to bridge the gap to web 3, the next generation of the internet. For those who are interested in attending the event, it will be held on Twitter Spaces “Unveiling the Potential of Web3 and Blockchain with Startup Grind”. Don’t miss out on this opportunity to gain valuable insights into the world of startups and web 3.


New Legacy Nodes

One of the highlights this week was the evolution of six Consensus nodes to Legacy status. Congratulations to all those Legacy Node holders!


We are as always more than happy with the tremendous efforts, active engagement, and positive response and support exhibited by our community members. Your valuable contribution is instrumental in driving the success of our project. Here again a selection from the past two weeks.


And that concludes yet another Flash Development Update!

In this FF we shared that Safe Haven has signed the first-ever SafeSwap Whitelabel contract, allowing third parties to use SafeSwap with their own branding.

Safe Haven is working to expand the number of chain integrations available in SafeSwap and preparing a customer support structure to enhance the user experience.

Safe Haven has reached the maximum number of SHA holders.

Voting for including SafeSwap in the Magic Store is still possible till August 17th. We wish you all a wonderful weekend!

Join the Community in Spreading Awareness

As always, all of us at Safe Haven want to thank our community for your continued support.


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