X

Digibyte and SafeHaven Declare To Collaborate

Digibyte has announced a new partnership with SafeHaven. Digibyte Foundation is a non-profit organization that supports Digibyte (DGB). The collaboration with Safehaven aims to focus on developing Decentralized Finance (Defi) solutions for provision i.e., the distribution of assets and control of assets. 

 

DigiByte’s endeavors have started to raise the speculated results, as it has agreed for a non-exclusive partnership with SafeHaven. This enables SafeHaven to be the gold sponsor for DigiByte Foundation and will also be using DigiByte blockchain for the storage of inherited shares. 

 

Primarily it was made evident enough that this collaboration will work in favor of both DigiByte and SafeHaven. This allows SafeHaven’s digital assets legacy solution, Inheriti, to be blended into DigiByte. 

 

SafeHaven stated, 

SafeHaven being the Gold Sponsor of DigiByte Foundation, will provide support to the organization to work out on key projects and further develop an exclusive version of its Safety Hardware device for Digibyte.

 

It is speculated that Inheriti will be available for using the DigiByte Blockchain near the end of 2020. As part of the commitment to the project, Digibyte plans to secure the SafeHaven Legacy Node for the coming 24months.

 

DigiByte team primarily remains committed to the adoption of Distributed Ledger Technology (DLT). It is considered to be one of the long lasting and completely decentralized projects in the crypto-verse. 

 

Previously in the month of January 2020, the founder of DigiByte Jared Tate, planned a meeting with the U.S. government in Washington to confer about blockchain technology.

 

During November 2019, DigiByte announced the launch of the DigiByte Foundation. This launch was speculated to be part of the larger plan that creates more awareness about the ongoing project of accelerating adoption and transformation of the DigitByte ecosystem. However, for further updates, just read out the DigiByte news to know every update.

Matthew Diaz: Matthew Diaz is a full stack developer working in NameCoinNews on blockchain and cryptocurrency related websites. He has a comprehensive knowledge of exploring different technical tools to analyse market trends of cryptocurrencies. He has over a decade experience of technical analysis and assisting companies to achieve desired solutions. He is avid cyclist and music enthusiasts.