As part of this collaboration, FortKnoxster and Apex Tradings will work together on many different projects. This will benefit both companies.
When storing encrypted data, Fortknoxster will strengthen its security by using Apex's Arweave nodes. Apex node holders will have access to a new unique beneficiary service called DieFi, as well as all Fortknoxster-developed features.
DieFi is an automated crypto beneficiary testament that is initiated when a user (the benefactor) fails to login into his account for an extended length of time (default is 12 months). It will be up to the benefactor's designated beneficiaries to learn about the situation and decide whether or not to start the process of recovering the benefactor's digital assets. This process includes a multi-step security identification process that uses AI and machine learning to prevent fraud.
Beneficiaries will be able to access benefactor wallets, nodes, NFTs, and other digital assets after they meet all of the verification requirements.
Apex Node holders will have first access to a white-labeled Apex-themed version of DieFi when it becomes public in July 2022. If there is an emergency, the user's Apex Nodes will be safe. Apex Node owners will also be able to store all of their crypto credentials in one place. This includes both custodial and non-custodial wallets and trading account data.
“Our Apex team is excited to join with FortKnoxster,” stated Tom Barr, Apex's CEO. “We can't wait to start providing Apex Node holders with a one-of-a-kind DieFi service that will benefit them by safeguarding the long-term future of their digital assets.” It is the beginning of many interesting collaborations with FortKnoxster, and we look forward to working together in the coming years.
When storing encrypted content that must be accessible permanently, FortKnoxster intends to employ Apex's Arweave nodes as part of their DieFi decentralized solution. This may comprise proxy re-encrypted keys and node content generated when a donor designates a beneficiary.
“We are delighted to join together with Apex and assist in safeguarding Apex Node holders' digital assets,” stated Niels Klitsgaard, CEO and co-founder of FortKnoxster. “The collaboration is a win-win since FortKnoxster will utilize Apex's Nodes as part of our decentralized design.” It's a joy to collaborate with the talented Apex team, and we look forward to continuing the adventure as a valued Apex partner.
Both firms are excited about the collaboration and have further projects in the works for the coming months.
What exactly is FortKnoxster？
FortKnoxster is a cybersecurity firm that specializes in the protection of digital assets on the blockchain. Fortknoxster's inventions, high level of security, and services are all great, and they help to keep the FinTech and Blockchain industries safe and secure.
The imminent launch of Fortknoxster's DieFi service tackles a billion-dollar problem: over $200 billion in digital assets have been lost due to death or loss of access to crypto wallet private keys or recovery seeds.
What exactly is Apex？
Apex is a real-time Node as a Service (NaaS) protocol based on the Avalanche blockchain that provides developer tools and infrastructure to set up and maintain network nodes.
Apex is committed to strengthening the Web 3.0 infrastructure with nodes that operate across several blockchains. Apex installs nodes for a variety of blockchains and enhances these networks by enhancing decentralization and security, including Arweave, Avalanche, Ethereum, and the Bitcoin Lightning Network. Apex Nodes provide a 100% uptime guarantee, are endlessly expandable, and are always available.
The Apex Nodes' official launch date is April 29th, 2022.
