Safe Haven is a decentralized B2B2C platform for digital asset management and financial technology solutions.
Safe Haven is a service that works to make your assets inheritable. Safe Haven gives contributors the ability to secure their digital assets without locking themselves out. Safe Haven (SHA) is a cryptocurrency token issued on the VeChain platform.
Founded in 2017, Safe Haven aims to provide advanced FinTech solutions powered by blockchain and Safe Haven’s proprietary patent-pending protocols along with Safe Haven’s Hardware Security Module (HSM) cold storage devices.
With a focus on security, Safe Haven offers decentralized financial, backup, legacy, and data transfer products for individual consumers and established organizations.
Blockchain Agnostic Approach
Safe Haven has taken a blockchain agnostic approach and is developing Safe Haven’s proprietary SafeSwap protocol that will support the use of Safe Haven’s products across many different chains.
This approach also brings many benefits to Safe Haven’s customers and clients. For Inheriti, Safe Haven’s legacy solution, it means that heavily encrypted digital stocks with parts of secret data can be stored across different blockchains – this will provide greater resilience and ensure the longevity of Inheriti decades into the future.
Safe Haven’s flagship digital legacy solution, Inheriti, allows family members, businesses and/or stakeholders to access and distribute assets upon the death of a user or at the end of a time-slotted contract.
The Safe Haven (SHA) coin
SHA is a cryptocurrency. It is a scarce digital asset (token) that you can use on the internet – similar to Bitcoin (BTC) or Ethereum (ETH) – but instead of acting as a pure form of payment, the usefulness of SHA lies in its use of the Safe Haven ecosystem.
SHA can be used in locking or staking mechanisms and can be used to access Safe Haven products and services, it is the lifeblood of Safe Haven.
Members of the Safe Haven community can contribute to the stability of the ecosystem by putting SHA in their VeChainThor mobile wallets.
Safe Nodes have four levels:
- Connect Node: 1,000,000 SHA
- Harbor Node: 2,500,000 SHA
- Consensus Node: 10,000,000 SHA
- Legacy Node: 30,000,000 SHA
Once nodes on the blockchain are bound through the SafeNode app, SHA holders will receive rewards and discounts on services based on the type of node(s) they hold. Visit the next page here for full details.
The gas used for each transaction will be traded on the open market for the equivalent amount of SHA tokens. Eighty percent of that goes into a common pool for nodes (to be distributed monthly). The remaining twenty percent will be incinerated. Thus, the circulating supply of SHA tokens will decrease over time due to the utility. The more utility, the more rewards for node holders and the more tokens are burned. If the supply drops drastically through adoption, SHA has the option to trade in decimals. Safe Haven’s flagship product Inheriti uses a slightly higher community-based allotment of 40% of the total cost needed to create a plan.
Safe Haven Government
Safe Haven believes that a well-governed community is the key to longevity, growth and stability. Creating a usable governance system that aligns with the identity Safe Haven envisions for their product is the foundation on which they built their ecosystem. At its core, Safe Haven does not believe in fully anarchic decentralization, nor does it believe in totalitarian governance. The Safe Haven Government is responsible for the development, innovation, coordination and advancement of the Safe Haven ecosystem. The government consists of the founders, Legacy node holders, strategic advisors and stakeholders.
To learn more about Safe Haven’s exciting project, visit: https://safehaven.io/