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DigiByte Foundation (DGB) Inks Partnership Deal with SafeHaven

This article is more than 4 years old
News
DigiByte Foundation (DGB) Inks Partnership Deal with SafeHaven

The DigiByte Foundation, the nonprofit community foundation that supports DigiByte (DGB) has inked a partnership deal with Safe Haven, a project that’s focused on developing DeFi solutions for an inheritance, asset distribution, and asset control. The deal will enable the DigiByte blockchain to support Safe haven’s inheritance platform dubbed Inheriti, as well as its SafeKey hardware device, according to a blog post on February 18. 2020.

DigiByte Bags New Partnership

As reported by BTCManager in November 2019, DigiByte announced the launch of the DigiByte Foundation, as part of a larger plan to create more awareness about the project, accelerate adoption and transform the DigiByte ecosystem.

Fast Forward to February 2020 and it appears DigiByte’s efforts have started to yield the desired results, as it has agreed on a non-exclusive partnership with Safe Haven, which will enable the latter to function as a Gold Sponsor of the DigiByte Foundation, while also using the DigiByte blockchain for the storage of inheritance shares.

DigiByte tweeted:

A Formidable Alliance 

Notably, the team has made it clear that the new alliance between DigiByte and Safe Haven represents a win-win scenario for both parties, as it enables SafeHaven’s digital assets inheritance solution, Inheriti to be integrated into DigiByte.

Safe Haven said:

Inheriti is the only decentralized digital inheritance vehicle available. The Safe Haven community is currently in BETA testing and will be released for public BETA shortly. In the meanwhile, you can obtain a SafeKey at the SafeKey Web Store and pay with DigiByte!

What’s more, Safe Haven, as a Gold Sponsor of the DigiByte Foundation, will support the organization with funds to carry out key projects, and it will also develop a special edition of its SafeKey hardware device for DigiByte.

Inheriti is expected to be available using the DigiByte Blockchain near the end of 2020. DigiByte also plans to secure a Safe Haven Legacy Node for the next 24 months, as part of its commitment to the project.

DigiByte (DGB) is one of the longstanding and entirely decentralized projects in the cryptoverse and the team remains committed to fostering mainstream adoption of distributed ledger technology (DLT).

Earlier in January 2020, Jared Tate, the founder of DigiByte met with the U.S. government in Washington to discuss blockchain technology. 

At press time, the price of DigiByte (DGB) is up by 0.25 percent on the 24-hour timeframe at $0.007599, with a market cap of $97.56 million, as seen on CoinMarketCap.