Time to research: Serenity Shield

Serenity Shield Strongbox is a cutting-edge decentralized application that uses privacy-preserving blockchain technology to provide a safeguard and inheritance mechanism for your most valuable commodity: your data. Their dApp promotes self-custody, data sovereignty and ownership of your digital assets.

Serenity Shield’s secure and multi-chain private data storage capabilities have wide-ranging use cases across various industries and applications. Individuals, families, and businesses can use it to store sensitive information such as financial records, legal documents, medical records, and other confidential data that needs to be protected. Serenity Shield’s inheritance features are particularly useful for estate planning and transferring important information to beneficiaries after someone passes away. Serenity Shield offers a versatile solution for anyone who values privacy, security, and the safekeeping of important information.

StrongBox® leverages a range of powerful tools to ensure that user data is always kept safe, including military-grade encryption technology, fragmented key distribution systems, private smart contracts, and Non-Fungible Tokens that serve as digital access keys. By using these tools in combination with blockchain technology, they can offer unparalleled security and transparency, giving users complete control over their own data.

They also intend to leverage the power of Artificial Intelligence to design a robust and efficient system. By using advanced algorithms and machine learning techniques, they can create a highly secure and reliable NFT key storage solution.

Their AI-based system will be designed to assess the available vaults and select the best one based on a range of factors, including location, size, security measures, and performance. They will also consider any historical security breaches and implement measures to prevent such incidents from occurring in the future.

Here’s how you will protect your data in 3 steps:

Store, manage and recover access to all sensitive data by using their StrongBox dApp.

Enjoy peace of mind knowing your confidential data is available for StrongBox® recovery without hardware 24 hours per day, 7 days per week.

Automatically transfer ownership of personal data to designated nominees via our StrongBox® inheritance protocol. This has a lot of similarities to Kirobo’s use case.

Here’s how these 3 steps will happen in the back-end:

Serenity Shield is built on top of Secret Network’s privacy-preserving blockchain that lets users have an option to make a certain onchain transaction or data have private features. You can ask a Secret Network smart contract for data that has been confidentially computed without revealing its inputs on-chain. This enables use cases like verifiable on-chain RNG, where the seed used to create a random number is kept hidden.

You can send encrypted data to a Secret contract, which can compare it to other data sources, check whether it’s correct, and send back the answer without revealing any sensitive details. This enables you to design tools like secure login functionalities.

By creating a “sister contract” on Secret Network, you can make parts of your EVM application private. This allows for features like access control for NFTs, certificates, invoices, and other sensitive documents.

• Store

With Strongbox, users can store data safely and securely using their unique storage system that employs military-grade AES 256 encryption, available 24/7. It is scalable from 10 GB up to 1 petabyte (1012 TByte) as required by the user.

The Advanced Encryption Standard (AES) is a symmetric block cipher that the U.S. government selects to protect classified data. AES-256 encryption uses the 256-bit key length to encrypt as well as decrypt a block of messages.

• Send

Sending and sharing files is effortless, and users can share or un-share files in a safe and secure environment with no third parties or intermediaries. StrongBox® doesn’t have any file size limits. Backing up your data is easy and is always safeguarded with 3X redundancy, ensuring valuable information is never lost. They offer this extra security at no extra charge.

• Sign

Their decentralized platform enables users to securely sign and gather signatures for both personal and business documents, giving individuals the power to manage their sensitive information with confidence.

The following table compares and contrast StrongBox’s value versus other products:

• Seedphrase Recovery

Unlike paper or hardware wallets, StrongBox® eliminates the risk of misplacement or malfunctioning devices. Personal data is securely stored on the blockchain and accessible to its owners from anywhere in the world, 24 hours per day, 365 days per year. Although personally, I would still prefer using a notebook, paper or metal seedphrase storage that I know I’m the only one who has access to it.

How it works:

The multichain DApp can be accessed through any compatible DEX wallet, making it easy for users to connect and start using the platform. When users connect their wallet to the DApp, they will be prompted to create a unique account. This account is necessary to access the StrongBox® vault and manage stored data and nominee assignment preferences.

Next, users add their sensitive data for storage in the StrongBox®. This could include seed phrases, private keys, or any other confidential information. This data is then cloaked in the highest grade HKDF-SHA256 encryption and stored on a private smart contract that resides on the Secret Network Layer-1 Blockchain. This smart contract specifies release conditions, such as the designated nominee(s) who will gain access to your data after a pre-defined term or time.

Hashed message authentication code (HMAC)-based key derivation function (HKDF) was designed as a standard KDF for use in various protocols and applications. You can use HKDF to extract, then expand, a key as a sequence of two operations, or to extract and expand a key in a single operation.

A viewing key of the aforementioned smart contract is returned to the dApp and is fragmented into three separate NFTs, each containing a unique piece of the viewing key.

These NFTs are minted on any compatible network and serve as access keys to the StrongBox®. Two of the three NFTs (1 or 2 + 3) are required to access data, ensuring that you maintain full ownership and control over your data while providing secure access to the designated nominee only when the smart contract conditions are met.

• Inheritance

With the StrongBox® dApp, creating an automatic inheritance plan has never been easier. By simply setting your preferences and nominees, you can rest assured that your assets will be securely transferred to your chosen heirs without any unnecessary stress or hassle.

How it works:

Your StrongBox is a highly secure private smart contract that provides various ways for you to stay connected with your account. You can configure it to send regular push notifications, emails, or text messages to remind you to check in and, if necessary, notify your nominees.

If you (the account owner) fail to check in with your StrongBox account and all of the predefined conditions of your smart contract are met, StrongBox will notify your nominees that they can access the Serenity Shield Smart Contract Vault to recover the data stored within your StrongBox account.

To access the StrongBox, your nominee will be able to successfully decrypt the StrongBox and access the sensitive information within.

Secret Network’s privacy-preserving smart contracts offer users unique data protection where sensitive information remains hidden from prying eyes.

With Findora, users will be able to mint private NFT keys directly from within the StrongBox dApp. This is made possible through the Prism++ technology, which removes the risk of the NFT being tracked to the user’s wallet and protects against potential phishing scams.

They have partnered with Hacken to conduct thorough audits of their smart contracts and StrongBox dApp code.

Alter Network’s technology allows them to expand their product ecosystem with the launch of Trust Circle™, an encrypted messaging service allowing for private conversations for both individuals and businesses.

$SERSH is a unique utility token that is designed to facilitate payment for Serenity Shield products & services and secure retrieval of sensitive information from a user’s StrongBox®. As a deflationary token, $SERSH operates on both the Solana and BNB Chains, which offers several benefits to token holders.

• Tokenomics

• Token Circulation Flowchart

• Token Rounds & Vesting

Unlocking Schedule

Pre-Sale Round 1: TGE 1%, 7 months of Cliff and then 21 months linear vesting

Pre-Sale Round 2: 7% TGE, 3 months of Cliff and then 12 months linear vesting

Private Round: (If VCs) 5% TGE, 6 months of Cliff and then 18 months linear vesting

Seed Participants: 9 months of Cliff and then 21 months linear vesting

Team: 12 months of Cliff and then 24 months linear vesting

Advisors: 6 months of Cliff and then 18 months linear vesting

Next unlock event:

• Token Sales

• Markets

• Token Analytics

Monthly Returns

Quarterly Returns

$SERSH/USD Price Change

• Exploit record

One of their Metamask wallets holding liquidity for the $SERSH token was compromised, resulting in the transfer of 7 million $SERSH tokens to an unknown third-party wallet.

Read more here.

Founder and strategic Investor. 30 years of experience in scaling companies (revenues > Usd 1 billion) across the world. A senior IT professional with expertise in Storage, Digitisation, Data monetisation and Digital identity, complimented by many years of commercial experience in handling corporate structures, banking and f inance under multiple jurisdictions across the globe.

Founder, strategic investor, and product head with over 20 years of managerial experience in the tech, IT and telecoms sectors. He was awarded the best innovator of the year in the U.K. and the Middle East in 2018.

Operating team:

Advisory team:

Website: https://www.serenityshield.io/#

Twitter/X: https://twitter.com/SerenityShield_

Discord: https://discord.com/invite/serenityshield

Telegram: https://t.me/serenityshield

Medium: https://medium.com/serenity-shield

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Time to research: Serenity Shield was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.