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Basics

Why Safient?

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 for 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.

With great power comes great responsibility

🪄 As much self-custody gives immense power to and freedom to the people it brings a huge responsibility. Check out this short post on this.

Owning, securing, and inheriting the digital crypto-asset unlike other digital assets can be challenging due to the self-custody nature of the ownership. Crypto and other digital assets are held under accounts protected by digital keys, they are secured by passwords and seed phrases. As these are not registered financial instruments with any centralized agencies, the asset holder loses a significant sum, should any unfortunate event take place in his/her life: be death or accidental loss of the secured information.

Currently, the systems employed by asset holders are odd, crude, and unsophisticated with several security concerns as there is no standardized way to easily and securely back up and recover the assets without putting a tremendous trust in a few actors. Many times asset holder writes the seed phrases somewhere on a piece of paper or passes on the secret information to some relative or known individuals, where the possibilities of abuses/misuses exist.

But every user always desires a guaranteed recovery and inheritance mechanism in case of tragic events with ease and security. This is why we need a non-custodial solution when it comes to the recovery of self-custody information and assets. This is why we are building Safient 🚀


What is Safient?

Safient proposes an intuitive solution to this critical problem with a mechanism to securely manage all the secrets through Safient safes that can be recovered or inherited during claimable events without any intermediaries or custody. Safient is a trustless protocol, meaning that there is no need to necessarily trust any actors while using the solution.

Safient itself is a secret recovery and inheritance protocol that can be used as a generic secret transfer mechanism. You can think of it as a key exchange mechanism but with much more functionality. We differentiate our protocol by focusing our efforts on building a secure and conveniently pluggable platform that could be easily integrated with services for the recovery and inheritance of digital assets.

Safient = Safe 🔐 + Convenient 🕺

💡 Safient is the combination of 2 words: Safe and Convenient as we believe in providing the safest and most convenient way to protect and inherit your self-custody secrets.

🔐 Secure safes:

Backup your secrets on Safes that are secured by robust cryptography techniques and data stores

✅ Convenient claimable safes:

The safes are recovered by the beneficiaries only after the pre-specified claim conditions are met.

👯 Trustless protocol:

Safes are guarded by trustless guardians and arbitrators to ensure the highest degree of resilience


How does it work?

Safient allows any user to create a safe where any secret information that needs to be later recovered or inherited during a certain event can be stored. Safient workflow mainly consists of three phases.

🔐 1. Create a safe: Create a safe to store your secrets. Add beneficiary and select a claim condition.

Safient Protocol- Deck (1).png

🤚 2. Request to claim the safe: The safe owner or beneficiaries can recover the safe by creating a claim.

Safient Protocol- Deck (2).png

3. Recover the safe: Safe guardians will help recover the safes, quickly and safely after verifying the recovery claim requests.

Safient Protocol- Deck (3).png


Safient Protocol:

Safient is a protocol that enabled the recovery and inheritance of any secret information in a trustless way without relying on any custody. This will enable the network interactions to 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, and inherit crypto assets and other confidential information. We focus on delivering Safient services to everyone leveraging decentralization to the fullest. Safient is for everyone. May it be end-users, 3rd party tools, and services or institutions. Check out the resources or reach out to us.

👨🏻‍💻 Developers Safient maintains resources to help developers integrate their applications to seamlessly interact with safes using our SDKs.

Safient Developer Docs

👯 Individuals

We are working on a variety of non-custodial crypto assets recovery and inheritance services on top of Safient protocol such as Safient Wallet and Safient Safes.

Checkout Safient Wallet

🏢 Enterprise edition

We are working on our enterprise edition to integrate with the existing crypto exchanges and custodial wallet services in a much more scalable way.

Contact us for Enterprise Edition