Safe Haven is one of the most diligent projects in the blockchain space. It has been around since 2017 and has delivered 10 products that the users actually need. These products range from inheritance solutions to hardware-wallets.
Wondering why you never heard about this VeChain based project prior to this?
Unlike some hyped projects, Safe Haven focuses on building products. Especially, the ones that solve real user problems. As a decentralized B2B2C platform, it is building solutions for:
Digital asset management
Financial technology solutions
Digital inheritance solutions
In this overview we will cover:
Safe Haven Project Overview
VeChain based Safe Haven Overview
- Asset management:
Wallets, Masternode solutions, pooling services, inheritance solutions. The unique selling point is that owners have complete control of their assets.
- Financial management:
Shared distribution protocol for encrypting and distributing digital asset shares between stakeholders.
- Product Engineering:
Hardware ledger for ease of use and owner mobility.
As a matter of fact, it intends to open its platform and tech solutions to companies, developers, entrepreneurs, trust entrepreneurs, and existing financial services. Consequently, millions of end-users will adapt their products and services.
Why the switch to VeChain?
Safe Haven Products
Inheriti offers four protection plans:
- Family Circle: It makes assets inheritable to family and loved ones.
- Investment Circle: Allows the creation of a fund between stakeholders, friends, and/or business partners. Though the initiator will be in full control of the assets.
- Business Continuity Plan: This makes asset inheritance possible in the corporate world.
- Safe Haven Vault: User can upload photos, documents or any other kind of file that might have inheritance value.
4. Trust Alliance Network (TAN)
5. Safe ID
5. Safe Haven Masternodes
Safe Haven masternodes have a very well defined economic model. Moreover, masternodes are an integral part of its tokenomics. As the ecosystem continues to grow, Safe Haven looks forward to making the ecosystem more stable. The community masternode holders can play a pivotal role.
Safe Haven platform users and API key integrations contribute to the pool. The Safe Haven Government monitors the pool. This fee is distributed among masternode holders on a monthly basis.
Connect Node-1,000,000 SHA
Harbor Node– 2,500,000 SHA
Consensus Node– 10,000,000 SHA
Legacy Node– 30,000,000 SHA
SHA token utility
Utility in Inheriti:
Any user who utilizes the digital inheritance plan must hold a designated amount of SHA tokens. These tokens are used to pay for Inheriti related services and gas for all transactions. These transactions contribute to the reward pool that is distributed to the masternode holders.
Utility in ThorPay:
For the ThorPay users, they must hold a minimum amount of SHA tokens in their wallets. This minimum SHA allows them to use the ThorPay platform and it also contributes to the reward pool.
Utility in ThorBlock:
ThorBlock offers a platform for pool admins to monitor the pools. They are also required to lock minimum SHA tokens till the pool is active. This also contributes to the fee pool that pays the masternode holders.
Utility in TAN:
Blockchain professionals that advertise their services on TAN must deposit SHA tokens.
Utility in Safe Haven Masternode:
A Safe Haven masternode holder must stake SHA to activate the masternode. They receive monthly rewards in SHA from the fee pool managed by the Safe Haven governance.
Safe Haven Development
With Inheriti about to go live, the team is busy making final adjustments on the front-end. Currently, the code from BETA community edition is being linked. Meanwhile, they are also talking to financial institutions, legacy providers, international incubators, and more parties for adoption.
#Inheriti's Community Edition is nearing. $SHA followers can expect frequent updates, outreach initiatives, & engagement efforts to welcome the market's 1st #decentralized #inheritance solution, brought to you on the #VeChainThor #Blockchain. https://t.co/oXQrWeExne$SHA $VET
— Safe Haven (SHA) (@SafeHavenio) July 1, 2020
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