Safe Haven and Arkane Network Partner, to Launch ThorBlock based on VeChainThor Blockchain


Safe Haven is building a cutting-edge security and continuity solution that will integrate legal entities into a decentralized solution for inheritance purposes. The digital asset distribution, inheritance, and control provider plans to achieve its objective by partnering with Arkane, the multi-blockchain network connecting users in different wallets, applications, and cryptocurrencies.

In the announcement through Medium, Arkane Co-founder, Tim Dierckxsens states that the integration of Safe Haven technology (Thorblock) and the Arkane network will enhance the rate of adoption and accessibility of the product. The Thorblock service is Safe Haven's platform built to facilitate fundraising of token sales on the VeChain Blockchain and service other projects. The pooling service will have users

  • Participate in private and public token sales within VeChain
  • Experience a reduced risk of getting scammed
  • Get the chance to receive bonus tokens
  • Invest without a minimum individual cap

Background

Apart from the imminent integration of the Arkane Network onto Thorblock, Safe Haven and Arkane are already exploring further collaboration. Safe Haven developers are looking to make use of Arkane APIs and other tools to produce decentralized application on the VeChain network. Already the parties are exploring the possibilities with VeChain offering Arkane users the option to create desktop wallets and make transactions in Arkane. Additionally, VeChain dapps will make use of the Arkane network as a building block for their product development.

What It Means

The rapid development of the Thorblock project could inspire both developers of Safe Haven and Arkane to explore further collaboration. For now, users have to utilize the Arkane APIs to track and monitor their wallet activities, with an overview of their balance. The Safe Haven team also confesses that with the Arkane features onboarding existing users will be much quicker due to the easy-to-use and transparency present with the interface.

Further, the partnering with Arkane network will see more crypto ecosystems utilize the Safe Haven token and also the VeChainThor Network. Arkane users are also not left out as they will get to create VeChain desktop wallets and utilize the Safe Haven token for their transactions within the network. This could even foresee more VeChain DApp using the Arkane network and Safe Haven token as their building block in their respective product developments.

The Take

The developing partnership brings the first inheritable digital asset to the Arkane network thanks to the utilization of the Thor Protocol. Overall, this could further showcase the Thor protocol as the genuinely seamless and revolutionary protocol for digital inheritance, further legitimizing VeChain's viability, and scalability.

About VeChain And Arkane

VeChain is a blockchain platform offering blockchain-as-a-service (BaaS) solutions to enterprises. The digital firm focuses on the development of smart contracts, financial services, and supply chain management with the goal of making blockchain mainstream.

Arkane Network prides itself as more than just a crypto wallet provider. The multi-blockchain network connects users while improving the DApp user interaction that makes adoption accessible for all. The Arkane Network forms a building block for developers and businesses seeking a venue for approval.

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