XRP Ledger Welcomes Inheriti for Enhanced Asset Inheritance
Anodos and Safe Haven have joined forces to introduce Inheriti, a pioneering decentralized data backup and inheritance solution, to the XRP Ledger (XRPL). This strategic partnership marks a significant step in integrating advanced digital inheritance solutions with blockchain technology, offering users secure and efficient mechanisms for managing digital assets.
AnodoSwap to Enhance XRP Ledger Trading
Anodos, in collaboration with Safe Haven, has announced the integration of the SHA token and Inheriti into the XRP Ledger. This move is set to revolutionize how digital assets and data are inherited, leveraging the security and efficiency of blockchain technology. The announcement was made via a tweet from Panos Mekras, co-founder and CFO of Anodos, and further detailed in a recent press release.
As part of this partnership, Anodos will issue SHA IOUs on the XRPL, enabling the trading of SHA tokens on the XRP Ledger’s native decentralized exchange (DEX) and the forthcoming automated market maker (AMM). This integration facilitates a more seamless and secure trading experience for cryptocurrency enthusiasts.
Anodos is also developing a comprehensive trading and portfolio management platform, AnodoSwap, on the XRPL. Upon its launch, SHA will be listed on AnodoSwap, and an SHA/XRP liquidity pool will be established to enhance the token’s liquidity.
The partnership will unfold in two phases. The first phase commencing in January 2024 involves Anodos issuing 10 million SHA tokens on the XRPL network. The second phase will begin with the launch of the EVM sidechain on XRPL, leading to the solution’s integration into Safe Haven’s SafeSwap.
Inheriti Enhances Digital Legacy with XRPL
Inheriti initially launched on the VeChain mainnet in September 2020, is an innovative digital inheritance solution. It offers high-level security for transferring access to digital assets, including social media accounts, non-fungible tokens (NFTs), and other digital data. Its unique feature is the encryption and storage of user data in a three-layer topology that includes blockchain technology and cold storage, bridging the gap between traditional and digital data inheritance markets.
Designed for accessibility, Inheriti allows users of all technical backgrounds to secure digital legacies. Users input their confidential data, which Inheriti encrypts, splits into unreadable shares, and distributes across different cold storage devices. To access the inherited data, the designated safe key holder must reassemble these encrypted shares within Inheriti, ensuring data security and privacy.
Integrating Inheriti into the XRP Ledger simplifies the creation of digital inheritance plans. Users can execute these plans using SHA tokens via their Xumm wallet, a process made more accessible and secure through this partnership. The recent audit of the XRPL’s EVM sidechain protocol by leading cybersecurity firm Bishop Fox further underscores the security and reliability of the XRP Ledger as a platform for such innovative solutions.
This collaboration represents a significant advancement in digital asset management and inheritance. By leveraging the robustness of the XRP Ledger, Anodos and Safe Haven are poised to offer unprecedented security and convenience to users looking to manage their digital legacies.
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