Safe Haven, a prominent Web3 company known for its decentralized solutions in backup, inheritance, and data transfers, has announced the launch of Inheriti® 2.0. This new product represents a significant upgrade from its previous version, offering a multi-patented, multi-signatory, and distributed storage solution designed to provide cryptocurrency owners with a secure method for backing up private keys and secret data while maintaining full custody. This move is a direct response to the growing needs of the Web3 community, while also aiming to make the technology accessible to Web2 users.
Inheriti® 2.0 is a comprehensive overhaul of the initial version, which primarily focused on digital inheritance. As the digital inheritance industry is projected to reach a market size of $52 billion by 2030, the latest iteration of Inheriti® is set to cater to a broader range of needs by introducing distinct workflows for both backup plans and inheritance plans. This major feature allows users to release their data in under a minute, marking a significant improvement in the user experience. The system is designed to securely store private keys, seed phrases, credit card information, online accounts, or any plain text data by utilizing Safe Haven’s multi-patented Secure Share Distribution Protocol (SSDP).
The technology underpinning Inheriti® is protected by patents active in the United States under patent number US11316668B2, in Europe under EP3654578B1, with a pending patent in China. These patents are managed by SafeTech Labs, the holding company responsible for developing Safe Haven’s technological ecosystem. SSDP is a pioneering protocol engineered to ensure maximum security and reliability in digital asset management. It employs proprietary techniques that include encryption and fragmentation, distributed storage, and controlled recovery, setting new industry standards for encryption and decentralization.
In addition to the core SSDP technology, Inheriti® 2.0 introduces several new features aimed at enhancing user experience and expanding the functionality of the platform. Among these are:
A mobile application designed for the secure storage of encrypted shares, providing users with a more accessible and convenient way to manage their digital data.
An expanded range of customization options, allowing users to tailor each plan to their specific needs.
A complete overhaul of the user interface (UI) to deliver an exceptional user experience (UX).
The introduction of Web2 payment options, making the platform more accessible to a wider audience.
The latest security enhancements to ensure that user data remains protected against emerging threats.
The ability to create a “social circle” backup plan, which requires a minimum number of users to collaborate in decrypting the data. This feature is particularly useful for company backup plans and decentralized autonomous organizations (DAOs).
Invoicing options for both private and business users, enhancing the platform’s versatility.
Full compliance with privacy regulations, ensuring that users’ data is handled according to the highest standards of privacy and security.
Jürgen Schouppe, CEO and co-founder of Safe Haven and SafeTech Labs, emphasized that Web3 and blockchain technologies are uniquely positioned to meet the current demands for secure private key backup solutions. Schouppe highlighted that Inheriti® 2.0 is the first product globally to implement every industry best practice, ensuring that users maintain custody of their keys and seed phrases while minimizing the risk of data loss in the event of losing backup credentials.
Third-party security tests have confirmed that Safe Haven does not store any user keys on its backend systems, reinforcing the company’s commitment to user security. The company firmly adheres to the principle of “not your keys, not your crypto,” and this ethos is embedded in every aspect of Inheriti®’s design.
Inheriti® 2.0 also features a sophisticated system of triggers and data shares that must be combined in a controlled manner to successfully decrypt the entire backup package. Users can additionally set up a “Dead Man’s Switch,” which will automatically release the keys to designated beneficiaries if the user is unable to participate in the decryption process themselves.
With the release of Inheriti® 2.0, Safe Haven is poised to set new benchmarks in the field of digital inheritance and backup solutions, offering a robust and secure platform that meets the evolving needs of both Web3 and Web2 users.