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 / 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.
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
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, X, LinkedIn and Facebook.
Chris Benedict
Finnovant, Inc.
cbenedict@finnovant.com
###
SOURCE: Finnovant Inc
View the original press release on ACCESS Newswire
Finnovant Inc
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Polaris Renewable Energy Announces Q1 2025 Results1.5.2025 14:45:00 EEST | Press release
TORONTO, ON / ACCESS Newswire / May 1, 2025 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the three months ended March 31, 2025. This earnings release should be read in conjunction with the Company's condensed consolidated interim financial statements and management's discussion and analysis, which are available on the Company's website at www.PolarisREI.com and have been posted on SEDAR+ at www.sedarplus.ca. The dollar figures below are denominated in US Dollars unless noted otherwise. 2025 HIGHLIGHTS First quarter consolidated energy production of 216,344 MWh, compared to 213,434 MWh in the first quarter last year. The modest increase is mainly attributable to the production of the Puerto Rican wind farm which was acquired on March 3, 2025 and did not contribute to consolidated energy production during the comparative quarter of 2024. The Company generated $20.3 million in revenue
Polaris Renewable Energy Declares Quarterly Dividend1.5.2025 14:45:00 EEST | Press release
TORONTO, ON / ACCESS Newswire / May 1, 2025 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding. This dividend will be paid on May 23rd to shareholders of record at the close of business on May 12th. The dividend is an "eligible dividend" as designated for Canadian federal, provincial, and territorial income tax purposes. The board of directors of Polaris Renewable Energy remains committed to paying a quarterly dividend and will evaluate further dividend increases, as appropriate, going forward. About Polaris Renewable Energy Inc. Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company's operations inclu
Sensiba Acquires AssuranceLab to Fuel Innovation in Global Cybersecurity and Risk Assurance1.5.2025 01:00:00 EEST | Press release
SAN RAMON, CA AND SYDNEY, AUSTRALIA / ACCESS Newswire / April 30, 2025 / Sensiba LLP, a Top-75 U.S. accounting and consulting firm, is pleased to announce the acquisition of AssuranceLab Pty. Ltd., a high-growth cybersecurity audit and risk assurance firm headquartered in Australia, with operations across the Americas, APAC, and EMEA. This milestone expands Sensiba's international reach and deepens its security, privacy, and compliance framework capabilities. Together, the combined firm now supports over 2,300 startup and technology-driven enterprise clients worldwide-providing streamlined, high-quality audits across more than 15 compliance standards, including SOC 2, ISO/IEC 27001, HIPAA, CSA STAR, and HITRUST. "We're honored to welcome AssuranceLab to Sensiba. Their reputation in the market is well-earned, driven by innovation, credibility, and a commitment to raising the bar for cybersecurity audits. What makes this such a strong fit is the alignment across our values and client ser
BitMobile's Phenix X Blockchain Phone Excels in Zambia with Major Marketing Push30.4.2025 18:00:00 EEST | Press release
LUSAKA, ZM / ACCESS Newswire / April 30, 2025 / BitMobile, dedicated to bringing cutting-edge mobile technology to emerging markets, has announced the launch of a massive countrywide marketing campaign across Zambia. This extensive effort is designed to reach every corner of the nation, celebrating the Phēnix X blockchain phone's growing popularity and introducing its transformative capabilities to even more Zambians. The Phēnix X has quickly become a sought-after device in Zambia, recognized for its innovative features, robust security, and potential to unlock new opportunities. This latest campaign aims to build on that momentum, making the Phēnix X visible and accessible from bustling city centers to remote communities. "We've seen incredible enthusiasm for the Phēnix X in Zambia already," said Brian Maw, CEO of Finnovant, the parent company of BitMobile. "This nationwide campaign is about meeting that demand head-on and showing everyone why the Phēnix X is the phone for the future.
BitMobile Pty Ltd and Reality Network Announce Strategic Partnership, Bringing Preloaded DeFi Earning Node Application to Phēnix X Users Globally30.4.2025 18:00:00 EEST | Press release
CAPRE TOWN, SOUTH AFRICA / ACCESS Newswire / April 30, 2025 / BitMobile, the driving force behind the revolutionary Phēnix X Blockchain phone in South Africa and emerging markets, and Reality Network, a pioneer in decentralized blockchain technology, today announced a strategic partnership that highlights the Reality Network node app preloaded onto the Phēnix X smartphone. This collaboration marks a significant engagement in bringing accessible Decentralized Finance (DeFi) earning opportunities directly to customers in each country and territory, particularly empowering communities in emerging markets. The Phēnix X, a device designed to be a catalyst for financial inclusion and digital literacy, comes preloaded with the Reality Network node application, allowing owners to easily participate in decentralized networks and earn cryptocurrency by simply contributing their device's unused computing power. This innovative approach transforms the smartphone into a valuable asset for generatin
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom