RCS - Finnovant Inc. - Finnovant Inc and Storage Chain Announce PhenixLoc

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RNS Number : 3977G  Finnovant Inc.  28 April 2025

Finnovant Inc. and Storage Chain Announce Industry-First PhenixLoc Data
Manager Launch, Bringing Unprecedented Security and Innovative Features with
Affordable Decentralized Storage to Emerging Markets

 

MOUNTAIN VIEW, CA / ACCESS Newswire (https://www.accessnewswire.com/) / April
28, 2025 / Finnovant, a leader in mobile technology and biometric
authentication solutions, and Storage Chain, a pioneer in decentralized
storage technology, today announced the upcoming launch of the PhēnixLoc Data
Manager, set for June 1, 2025. This groundbreaking product utilizing Web 3
technology is poised to revolutionize data security and accessibility,
particularly for underbanked and unbanked individuals in emerging markets,
offering an industry-first combination of advanced security, user control, and
affordability on Android, iOS, and through Browsers on any device.

The PhēnixLoc Data Manager provides encrypted, decentralized storage for all
types of private or sensitive information. Built with the specific needs of
emerging markets in mind, it delivers incredible security and pricing designed
to be accessible and affordable for anyone.

Access to PhēnixLoc is through Web 3 decentralized technology and secured by
Say-Tec, Finnovant's cutting-edge biometric authentication solution, ensuring
that only the rightful owner can access their data. Furthermore, PhēnixLoc
leverages robust Decentralized Finance (DeFi) security techniques to further
enhance data protection.

"We are incredibly excited to partner with Storage Chain to bring the
PhēnixLoc Data Manager to market," said Brian Maw, CEO of Finnovant. "For too
long, secure and private data storage has been out of reach for many in
emerging economies. PhēnixLoc changes that. By integrating our secure
biometric authentication with Storage Chain's decentralized network, we are
providing a level of security and control that is truly unprecedented and
tailored to the needs of the next billion users."

The PhēnixLoc Data Manager stands apart by ensuring your data remains solely
in your control, never shared with or accessible by large centralized
entities. It employs AES-256 end-to-end encryption, the same primary
encryption algorithm trusted by the world's most secure institutions,
guaranteeing that no large corporation, nor any other organization can view
your files.

See release image here
(https://app.accessnewswire.com/imagelibrary/fefe9498-4607-4f4c-9040-f025dfc31259/1020344/image.jpeg)
.

Adding another layer of critical functionality and peace of mind for users,
PhēnixLoc will also feature an innovative Endowment function. This special
feature addresses the important need for digital life planning, allowing users
to securely designate a trusted family member, attorney, or any other chosen
individual to receive access to their digital assets in the unfortunate event
of their passing. This ensures that valuable personal information, documents,
or other digital property can be safely and reliably transferred according to
the user's wishes.

Utilizing popular decentralization technologies, PhēnixLoc splits each
uploaded file and distributes it across a global network of servers. This
decentralized approach means no single provider can access your content, and
only you hold the key to reassemble your data. This commitment to privacy is
absolute, with a zero-compromise policy meaning no data is collected or stored
about the user, and the user is in complete control.

"Our collaboration with Finnovant on the PhēnixLoc Data Manager represents a
significant leap forward in making decentralized storage practical and
accessible globally," commented Chris Dominguez, CEO of Storage Chain. "We
believe privacy is a fundamental human right, and by combining our
decentralized network with Finnovant's secure biometric access, we are
empowering users with true ownership and control over their digital lives,
regardless of their location or financial status. This is decentralized
storage built for the real world."

Beyond its robust security features, PhēnixLoc is designed for usability,
offering fast file downloads anywhere in the world. Pricing will be structured
to be highly competitive and affordable, reflecting the commitment to serving
emerging markets.

About Storage Chain:

Storage Chain is a pioneer in decentralized storage technology, building
robust and scalable networks that prioritize user control, privacy, and
security.

Contact: info@storagechain.io

X (https://pr.report/9tvt) , LinkedIn (https://pr.report/9tvu) , Discord
(https://pr.report/9tvv)

About Finnovant:

Finnovant is a technology company specializing in innovative biometric
authentication and secure digital solutions designed for global accessibility.

Follow the company at Finnovant.com (https://pr.report/9tw0) , X
(https://pr.report/9tvx) , LinkedIn (https://pr.report/9tw1) and Facebook
(https://pr.report/9tw2) .

Chris Benedict

Finnovant, Inc.

cbenedict@finnovant.com

###

SOURCE: Finnovant Inc

 

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