VeChain Partners with Safe Haven for Digital Legacies

Safe Haven is partnering with VeChain to offer digitized inheritances and building their legacy system on the upcoming VeChainThor blockchain.

Safe Haven is providing solutions for inheritance, asset distribution, and asset control to the world.

Days after the closure of Safe Haven's private sale and testnet launch, the announcement may be a sentiment booster for the project's approaching ICO. Entering a strategic partnership with the Singapore-based Safe Haven, VeChain recognized the legacy solution as providing "True value" to its impending VET blockchain launch.

The trustless, immutable nature of blockchain technology may offer unparalleled security, yet Singapore-based Safe Haven anticipates that cryptocurrencies face the issue of legacy.

"Safe Haven resolves the question that everyone should be considering: how would your loved ones and partners gain proper access to your digital legacy when you are gone?".

Pointing to lost private keys, unwanted blockchain forks, and "Stories of lost Bitcoin and other digital assets", Save Haven highlights the need for a safeguard against unforeseeable losses of cryptocurrency and digital assets.

"As I thought of bringing this technology into my family's everyday life, I knew then and there that my legacy would not pass with it. If I make a paper wallet and the house burns, everything is gone. If I trust an exchange and I am compromised, I lose everything. If I misplace my private key, all is lost with it."

Under the terms set by an individual or business, Safe Haven's smart contracts will distribute their private keys, passwords, and bank account credentials to designated third parties for inheritance.

While the legacy of cryptocurrencies may be a central concern, Safe Haven will also target other digital assets - including bank and social media accounts, and various passphrases.

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