Problems
In the intricate realm of hardware wallets, the challenges are compounded by the necessity for users to divulge extensive personal information, including their name, phone number, email, physical address, and bank account details, to acquire these devices from all hardware wallet providers. This mandatory sharing of sensitive data creates a concerning privacy paradox for users seeking to secure their digital assets. Moreover, when users connect their cold storage solution to a hot device, a vulnerability is introduced, exposing the user's private wealth. The broader digital ecosystem, including services from Facebook, Google, PEGASUS, and others, meticulously traces users' digital footprints, posing additional privacy risks. Big tech entities possess the capability to locate an individual's personal property through GPS and cellular pinging via the mobile device's IMEI number, amplifying the stakes for users entrusting their financial security to hardware wallets.
Addressing these multifaceted challenges, Soverance Labs is pioneering a hardware wallet solution that not only prioritizes security but also redefines privacy standards. By circumventing the necessity for extensive personal information, Soverance Labs seeks to empower users with a privacy-centric approach to securing their digital wealth. Additionally, Soverance Labs advocates for the repurposing of existing mobile devices as personalized, private "big-data-resistant" cold storage fortresses, thereby eliminating the need to surrender perfectly functional devices for mere pennies. This innovative approach aims to disrupt the existing paradigm, offering users a secure, private, and sustainable alternative for safeguarding their cryptocurrency holdings.
SERVICE
Soverance delivers the most secure wallet manager solution by repurposing your obsolete mobile device.
What is Soverance?
SoveranceOS is utilizes the Android system as it's base code, standing as a revolutionary device that streamlines mobile functionality through the elimination of features found in traditional devices. Through meticulous engineering, Soverance transforms the conventional smartphone into a purpose-built hardware wallet, discarding non-essential elements to prioritize best security practices for cryptocurrency storage. By repurposing the device solely for the safeguarding of digital assets, Soverance offers users a dedicated and fortified solution designed to enhance the security and privacy of their cryptocurrency holdings.
How to
download Soverance?
Soverance users may opt for enhanced privacy, employing an anonymous transaction script utilizing privacy protocols to ensure P2P transactions are not publicized. The user will send a transaction and the system API will record and verify the transaction. Upon the verification, the user's public key will be input into a SHA256 algorithm to creating a pair of unique download keys derived from the user's public key input. This cryptographic process not only bolsters security measures but also ensures a heightened level of transactional anonymity. Upon successful verification of the transaction, users submit the designated key to the website, triggering a sophisticated key matching mechanism that, upon alignment, unlocks the downloading process, exemplifying a fusion of privacy and security protocols unparelled by competitors.
What does Soverance solve?
Soverance is more than just a wealth manager tool, Soverance is your anonymous cold storage solution. Using any other device currently on the market places the user of that device onto a list with their corresponding personal information databased and accessible to hackers and malicious, privacy infringing groups. Soverance is the only solution to fully removal any third party from your digital wealth.
Soverance In Numbers
3
CORE TEAM
HARDWARE WALLET MARKET (2027)
2
PARTNER(S)
$20M
SOVERANCE EVALUATION
(2030)
$105k
CAPITAL
$120k
CAPITAL REQUIRED