Inheriti Deep-Dive Series // 004 : Everything You Didn’t Realize You Needed from a Digital Inheritance Platform

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What do you need from a Digital Inheritance platform you can trust?

  • Multi-Purpose Capability (Digital Inheritance and Personal Backup) — It should be possible for users to utilize many of the same security and produce features inherent in the platform in order to create both digital inheritance plans and secure backups of their private keys or seed phrases.
  • Multi-Wallet Storage — The solution should allow you to store private key information and data for multiple wallets (catering for both cryptocurrency and NFTs) and exchange accounts as well as any other kind of secret data (e.g. secret family recipes, industrial formulas, GPS coordinates of buried treasure etc.).
  • Fully Decentralized — No private key data should be stored on any supplier back-end systems or repositories in order to prevent the retrieval of any secret data arising from human error or malicious breach attempts by third-parties.
  • Fragmentation of Data — Private key data should be split into multiple key ‘shards’ or ‘shares’, which are then heavily encrypted, thereby reducing Single Points of Compromise (SPOCs). This means that the required number of secret data ‘shares’ would all need to be both identified and combined — even before any attempt at decryption could be made.
  • Multi-Storage Layers — Each of the separate, fragmented private key data ‘shares’ should be stored across separate storage media — including offline, cold-storage for maximum security.
  • Top-Level Security Protocols and Encryption — The platform should be security hardened against breaches, and data (in-motion or at-rest) should be heavily encrypted using military-grade algorithms.
  • Protection against Premature Data Release– Multiple fail-safe mechanisms should prevent anyone gaining access to any secret data until a user truly desires (and for inheritance plans, until a user has definitely passed).
  • Separation of Roles — The platform should be able to distinguish between those trusted individuals who may be tasked with initiating the secret data recovery process from those who you want to retrieve the secret data (i.e. your beneficiaries).
  • Optional Legal Professional Involvement —Users should have the option to appoint a suitably qualified legal professional, if required, to act as the formal authority who can verify that a valid Death Certificate exists before the secret data retrieval process can be initiated.
Graphic showing summary of all key requirements.
Everything a AAA+ Rated Digital Inheritance Platform Should Deliver

Introducing Inheriti — The World’s Only Truly Decentralized Digital Inheritance Platform

Image showcasing Inheriti as the only fully decentralized — and totally secure - digital inheritance and private key backup solution in the world.

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Safe Haven provides advanced FinTech solutions powered by blockchain, and our own patent-pending protocols along with our ‘SafeKey’ HSM cold-storage devices.