Bitcoin Global News (BGN)
June 18, 2018 -- ADVFN Crypto NewsWire -- Safe Haven is building security and continuity solutions by integrating legal entities into a decentralized solution for the inheritance of passphrases, bank accounts, social media accounts and cryptocurrency. The platform will be launched on the VechainThor Blockchain incorporating smart contracts and a patented Trust Alliance Network (TAN). The group of services attempts to answer: how would your loved ones or business partners gain access to your digital assets when you are gone?
The Trust Alliance Network (TAN)
An autonomous social networking hub for blockchain-related legal affairs. The goal is to connect the necessary legal entities such as lawyers, notaries ot accountants that specialize in crypto-asset management with owners of crypto-assets. The TAN will become a hot spot for legal related blockchain information. It will be the world’s first legal reference for distributed ledger/blockchain applications, users, and companies.
The Family Circle Plan (TFC)
Essentially a will for crypto-assets, it allows defined members of inheritance to access assets on the day of their passing. Distribution possibilities are almost endless; shares can be divided in flexible ways. The advantage of this is that every share is not stored on the blockchain, only a portions of the shares. The specifics of this process depends on the parameters defined by the individual who initiated the contracts. The release and/or execution of the shares have the option to rely on a third-party involvement from a member of the TAN.
Business Continuity Plan (BCP)
This is the same structure as the Family Circle plan, but regarding shares of a business.
This platform is for those looking to create and manage a fund amongst friends, family members, or business stakeholders. Smart contracts can be made to share any type of asset. The conditions to release this share can be anything from price thresholds, to milestones, to simply having full consensus to do so. The group may also choose to include the TAN, to help define and manage these conditions and distribution procedures.
Safe Haven Vault
For any form of data, from photos to legal documents, Safe Haven with optional further help from the TAN can blockchain the files so that they will never be lost, and can be set with ownership parameters.
“Safe Haven allows me to fulfil my inner desires as a man. Not only does it fuels my entrepreneurship desires, but because it fuels my true goals, to take on the responsibilities of a father and leave behind all that I sacrificed to acquire and leave it to the ones that I love.” Founder, Jurgen Schouppe
By: BGN Editorial Staff