"Secure crypto secret exchange and inheritance protocol"
The crypto ecosystem has come a long way since the inception of Bitcoin, the first-ever peer-to-peer digital money. Interestingly, it has paved the way to more innovations than just internet money now. We have seen the radically transformative changes in finance, governance, collectible marketplace, and in many more areas due to the creation of decentralized and open versions of it. But most, if not all projects rely on crypto-assets to fuel their projects. So, there is a tremendous value being derived in these projects in the form of crypto assets. Hence, one has to make sure that their assets are safe and sound.
Owning, securing, and inheriting the digital crypto-asset unlike other digital assets can be challenging due to the self custodian nature of the ownership. Every user always desires a guaranteed recovery and inheritance mechanism in case of tragic events. But there is no standardized way to easily and securely back up and recover the assets without putting a tremendous trust in a few actors.
Safient proposes a solution to securely and conveniently store any critical information that is needed to access and recover the assets in case of any tragic events. Safient is a trustless protocol, meaning that there is no need to necessarily trust any actors while using the solution. Safient also provides a trustless yet safe way to transfer and inherit the assets by close ones whenever such an unfortunate scenario occurs.
In essence, you can think of Safient as your trusted guardian even though it is completely trustless.
Safient is the combination of 2 words: Safe and Convenient as we believe in providing the safest and convenient way to protect and inherit your crypto assets.
Safient allows any user to create a safe where secret seed phrases or any other general notes, attachments can be added with instructions. Safient workflow mainly consists of three phases.
1. Create a safe: The user creates a safe for secret credentials or secret notes. Beneficiaries for the safe can be added at any time.
2. Request to claim/ inherit the safe: The safe owner can recover the safe at any time and beneficiaries can request to inherit the safe at the time of inheritance, but that is done promptly.
3. Recover the safe: Safe guardians will help recover the safes, quickly and safely after the safe claim has been verified.
Secure safes: Back up your secrets seed phrases/notes on our trustless safes that can be only claimed by you at any time.
Trustless recovery protocol: The safes are protected and governed by completely decentralized guardians and arbitrators (Using Kleros) to ensure the highest degree of resilience.
Share portfolio: Safient allows to share portfolio confidentially on a need-to-know basis with the beneficiaries even before the safe is recovered. Get to know more here.
Convenient inheritance: Ensure that your safes are inherited by beneficiaries only incase of tragic events.
Dispute resolution: The dispute resolution platform quickly resolves all the claims for the inheritance of safes. Currently using Kleros court.
Decentralization - simplified: Onboarding and using a trustless, decentralized application is always intimidating. Safient makes the user experience easier than ever with minimal and intuitive interactions.
Safient protocol is a trustless protocol where the network and interactions will function without depending on any single entity. Safient uses decentralized storage, smart contracts, and cryptography techniques to achieve this protocol that helps to store, recover, inherit crypto assets and other confidential information. We focus on delivering Safient services to everyone leveraging decentralization to the fullest. Safient offers better usability, interoperable service with the following versions