Safe Haven and the Digital Asset Management of the Future Blockstree Follow Aug 29, 2019 · Unlisted

Safe Haven is a B2B2C platform utilizing the enterprise focused VeChainThor blockchain. Its protocols, services and products are used by community initiatives, developers, enterprises, law professionals and financial services organizations.

”Safe Haven Foundation is a Decentralized B2B2C Platform which supports companies and blockchain projects, aiding their expansion within their verticals. They will open their platform and tech solutions to the community, developers, entrepreneurs, inheritance and trust professionals, and existing financial services companies.”

As a technology infrastructure builder for crypto asset management, Safe Haven builds and supports the following solutions: wallets, masternodes, pooling services, inheritance, charity, hardware ledgers and dongles with support for U2FA and FIDO 2.

Products/Services

With Safe Haven building various protocols, products and services for a multitude of different parties, we’ve done our best to describe some of them down below:

Safe Haven Inheritance Platform (SHIP)

The Safe Haven Inheritance Platform has its focus on ease of use, and mass adoption of the inheritance of digital assets. Initiators will be able to manage, protect and distribute their digital assets. These initiators can do this by asking one of the legal professionals from TAN for their assistance. These so called validators handle the actual distribution of shares, whenever an initiator requests as such. While we won’t go into the rather technical details of this technology, SHIP consists of several so called “Protection Plans”, namely:

Family Circle Plan (TFC) — In short, the TFC will allow users to define what actually happens to their digital assets at the moment of passing, such as who inherits the assets and under which conditions — all governed by smart-contracts and (optionally) a member of TAN.

In short, the TFC will allow users to define what actually happens to their digital assets at the moment of passing, such as who inherits the assets and under which conditions — all governed by smart-contracts and (optionally) a member of TAN. Business Continuity Plan (BCP) — Similar to the TFC, the BCP is intended for stakeholders instead of family members.

Similar to the TFC, the BCP is intended for stakeholders instead of family members. Investment Circle — This plan solves the issues concerning multisig wallets, and lets the users set parameters for the release of shares for things such as investment funds co-owned by friends, family or business partners. Examples of parameters that can be set are price thresholds and other types of milestones.

This plan solves the issues concerning multisig wallets, and lets the users set parameters for the release of shares for things such as investment funds co-owned by friends, family or business partners. Examples of parameters that can be set are price thresholds and other types of milestones. Safe Haven Vault — The last plan is of course the storage of digital assets such as private keys, passwords, documents and other data onto the blockchain.

ThorBlock

The ThorBlock solution, is a tool to be used by anyone who wishes to create a pool to collect funds for their project, whether that be an ICO, charity or something else. It’s a secure way to safely fund the intended project in a transparent and public way via the VeChainThor blockchain and powered by Safe Haven’s technology.

ThorPay

With ThorPay, an organization can use an Atomic Transactions Protocol (ATP) to easily deal with contract-based distributions. To allow for mass adoption, this utility is used to transact to multiple parties at once without having much blockchain knowledge. In essence, ATP allows a singular transaction to have different and multiple outputs. Example use-cases for these can be token distributions for ICOs, paying employees in various types of tokens, sending out airdrops for rewarding communities, and more. Bounty organizations, developers, payment processors and others will be greatly interested in these feature sets.

Trust Alliance Network

The Trust Alliance Network (TAN), introduced here, is a network of legal entities and an overall autonomous social community project to seek help and cooperate with professionals in legal affairs related to blockchain. Whether you’re looking for a professional or document, TAN will be of use. According to the Safe Haven team, TAN will be a central hub of information and professionals for crypto law, tax affairs, inheritance and many other blockchain concepts and subjects — the wiki for blockchain law.

SafeKey

As with any upcoming technology, digital assets and blockchains are always at risk. The digital identity is growing ever more important. Whether your crypto assets or your digital identity is at risk, one must take precautions to reduce the chance of these things happening. SafeKey is one of many solutions that can help. As with similar products such as NitroKey and Ledger, the SafeKey offers strong encryption. SafeKey’s FIDO2 will be used for the Safe Haven Inheritance Platform (SHIP) to offer extra protection. Its internal storage is used to (safely) store passwords, account details and private keys. It may also be used on certain crypto exchanges.

SafeWallet

Similar to MyEtherWallet for Ethereum, the SafeWallet, is a web-based interface to allow interaction with people’s VeChainThor blockchain addresses. It’s currently possible to use Comet and Arkane wallets to interact with your VeChainThor blockchain address. It also works with the Ledger. Note, the SafeWallet does not actually store your VIP-180 tokens, but it merely allows interact with an already existing public address you own.

Community & Governance

Safe Haven cares a lot about its community, as can be seen by looking at the Safe Haven Government and COVE. The masternodes program is the backbone of the community and the Safe Haven protocol. As a tiered reward model, there are four different Masternodes, each with their own benefits.

For example, the Legacy node is mandatory to take part in the Safe Haven Government, and allowing access to COVE.

Safe Haven will have an actionable governance system headed by the Safe Haven Government. The Government consists of team members, advisors, stakeholders and eligible community members (requires holding a Legacy node). The Government oversees the development, innovation, coordination and advancement of the Safe Haven platform.

COVE

In combination with ThorBlock v2, charity pooling became a real thing. Charitable Outreach for Vibrant Efforts, also known as COVE, acts as a bridge between charitable donations and digital donations. It’ll allow for mass adoption of charity projects, utilizing cryptocurrency via ThorBlock.

COVE consists of various members, including a few individuals from the Safe Haven team. As a whole, they will put effort into outreach, voting, research and the actual entry into COVE. This is also where the Legacy masternodes come in initially (may change at a later date).

The period in which funding can happen, is currently set to a maximum of 90 days and donations can be made using any VIP-180 token. All in all, distribution of funds will happen by converting the aforementioned tokens into VET tokens, which will then be used as is or converted into FIAT afterwards, to be used by the right organization. It’s important to mention that the gas used via COVE, will be converted to SHA and burned by Safe Haven.

Further details on COVE can be found here.

Verticals

Safe Haven helps out with onboarding more and more verticals under their wings, such as:

Global Funeral Care

The Global Funeral Care (GFC) enables the creation of relationships between organizations in the death care industry. It’s a vertical that recently ran its funding round. Its main purpose is transparency in relation to funeral costs for customers, and an easy way to select different providers. In addition, GFC will use Safe Haven’s SafeKey product for U2F authentications and SHIP.

PlanChain

As another vertical of Safe Haven, PlanChain has its focus on the management of intellectual property (IP) via the VeChainThor blockchain. As a next generation platform, the PLAN token will be used to manage and protect, as well as monetize IP assets. Copyrights, trademarks, patents and more will be fully managed by the various solutions of PlanChain.

Solutions such as the Proof of Authorship Engine, generates records on-chain, and provides blockchain based certificates to the users that decide to use it as non-fungible tokens (NFTs).

Other solutions like the IP Asset Marketplace (THORM), IP Vault and SNAP BLOCK can be found on PlanChain’s website here.

LiveTheLife

LiveTheLife (LTL) is a travel and destination editorial organization which will utilize Safe Haven’s products such as ThorPay. They’re still in the phase of releasing their white-paper, but LTL is well their way in reaching their milestones such as adding more destinations, growing their social media presence and customer growth, as well as expanding their database of leads which already consists of over 7,000 travel and real estate leads.

Conclusion

The platform that Safe Haven is building helps with the mass-adoption of blockchain and (digital) asset management. The various solutions give organizations and individuals the control they need over their assets and security without causing high entry barriers.

Combining the products, protocols and services and linking them to their great network of (legal and tech) professionals, enterprises, (charity) foundations and more, the Safe Haven platform creates many new opportunities for those involved.

We hope to see more of this project in the coming future, and we’re looking forward to how ThorBlock and COVE will enable charity organizations to get the help they and their stakeholders need.

Social Media

Website: https://safehaven.io

Twitter: https://twitter.com/SafeHavenio

Reddit: https://www.reddit.com/r/safehavenio/

Telegram: https://t.me/safehavenio

Medium: https://medium.com/@safehavenio

Whitepaper: https://safehaven.io/files/SafeHaven_WhitePaper.pdf

Exchanges

The SHA token is for trade on the following exchanges: OceanEx, BiTrue and LAToken.