Inheriti®: The future of Digital Inheritance | European Blockchain Convention

[Music] hello welcome um my name is Jasper I was I'm an adviser to inh herity and have been asked to introduce Jurgen or at least talk a bit about why inher exists and why it's so important um I think a lot of people know or at least are somewhat aware of the fact that 20 to 30% of all Bitcoin circulations are lost forever and will most likely never be retraced or we accessed again there's about 560 million people holding crypto but only about 3% of those people have actually planned for the future so it's a small percentage of a very large group of crypto holders which only increasing we're also people were spending about 30 to 40% of our time online um and in that time creating between 100 and 250 accounts to manage our Digital Data and so it's quite clear that we're all living more and more digital lives and we're building a digital future and which is the reason why you it's a digital world and we're just living in it and inh herity is here to keep that world safe and that's before is yours Jurgen y sorry thank you yes so um I'm Ur the CEO the inventor of inheri uh I'm pretty going uh to explain you how we came up for the project since we buil I will Circle back to the beginning 2017 I was mining ethereum um so I had to deal with RS and private Keys uh and then I came up to the conclusion that there was no solution out there to recover or back up my private keys my seats M monics so for me it was a big issue then then at certain point I came up with the Ledger right this hard rets everybody knows but then there was another issue they everybody know when you set up a ledger you need to have your recovery um procedure set up so meaning you have to write down your seats somewhere your nks and that for me was some a big big uh barrier because Ledger by default needs to the private key doesn't get exposed never get outside the box but from the moment you use your seats are already outside because you write them down on paper right so that's why we came up with inh herity back then we Safe Haven which is basically our crypto Venture uh that we started uh in 2017 uh over the time we have uh evolved we launched version two of the product two weeks ago so it's now ready ready to uh to use by the masses um I will go to some slides sorry for that um so here you go actually we have a Bo just in front of the stage where we give demos uh the whole day and also tomorrow so for people we invite them to come and we give some oneto one uh demos uh showcasing the product so what makes inh herity special it's in nutal uh everybody talks about blockchain decentralization but we use blockchain just as a a tool in order to C with a problem which is how do I protect my private keys my seats how can I transfer done to my n skin to my uh to my kids whatever your your business partner so for that reason you have created two types of protection plans which is the first one is the backup plan so the data backups of shet data so this is some a solution that you create the decentralized uh plan for yourself you have seats you have two fa recovery codes everybody has to deal with this on a daily basis right you have 2 FAA everywhere at at least you should when you are talking about recovery codes you need to back up those recovery so it's s a circle there Never Ending Story right so that's why in her comes in so you create backup plans for yourself and you only are the only one that are entitled to recover your assets when you need them you don't write them down you protect them through our interface we are not a custodian we are fully audited we have um data integr checks done P white box auditing performed uh claim we claim that we are decentralized but we are actually are so you can see in our dogs that we provide all the information you need to to see how it works that's the next point where I come to it works basic pretty simple we take your data that should protect we make a hex of it and then we fragment it not fragment on a horizontal level on blockchain we use blockchain amongst other uh layers uh in order to uh store your data we have call storage devices which means it's offline we have mobile applications we are going to introduce ipfs uh Hardware security models modules and you go on say F modular we are going to set up soon the pro version of inher which is more based for and which will be usable for legal entities lawyers for that they be able to create plans protection plans through inh herity for their customers the B2B approach that was data back the second plan is the digit enhancement so basically the same setup the same flow but it's for now for your next skin with where we introduced thatman switches uh again we I'm not going to go to any details that's not the goal of the keynote but I'm inviting everybody to go to see our boot to go to the docks and to see and to to to start using it so um and nutshell I have covered it all so I don't know if you somebody would have a question for me or one of my team members but I'm happy to answer them here or after the keynote so thank you