SHA is an important cryptocurrency and a digital asset that can be utilized on the internet. The token is similar to Bitcoin (BTC) or Ethereum (ETH) – but rather than being a pure form of revenue, the utility of SHA applies in the use of the Safe Haven ecosystem. Besides being used in locking or staking means, SHA can obtain access to Safe Haven services and products.
Safe Haven creates DeFi solutions for handling, holding, and transferring crypto or other digital assets such as NFTs, pictures, passwords, and documents. Safe Haven’s solutions contain decentralized inheritance, wallets and pooling services, and master node solutions.
Safe Haven is entrusting thousands of individuals to harness the worth behind the crypto assets and safeguard the future of these assets with the help of blockchain technology. The token aims to ensure that everyone has access to financial means that cultivate an affordable, inclusive, and reliable digital economy. With a prime focus on security, the token offers decentralized economic, backup, legacy, and data transfer products for customers and designated organizations.
Safe Haven has embraced a blockchain agnostic approach and is designing the SafeSwap protocol to sustain the application of the products across multiple chains. The approach can bring many benefits for the customers and clients. The primary feature is that encrypted digital shares, including portions of confidential data, can be held across various blockchains to obtain greater resilience in the future.
As per its whitepaper, to utilize Safe Haven’s platform and services, the user should deposit the SHA tokens in a time-sealed smart contract (I-TLSC). Smart contracts are similar to regular contracts, which run in the form of protocols on the blockchain instead of being drafted on paper. Over time, the SHA tokens are released concerning the terms noted in the smart contracts after verification within the Trust Alliance Network (TAN). Safe Haven's Trust Alliance Network is a group of legal entities that Safe Haven has screened to perform all necessary steps to achieve its goals, unlock the future of trust by protecting your assets, and by doing so reassure relatives, stakeholders, and legacy. The sealed tokens become immediately inheritable after the commencement of the release procedure.