Home Creating a Protection Plan Choose Verify Ownership option

Choose Verify Ownership option

Last updated on Jan 08, 2025

What is Verify Ownership for mobile shares?

Verify Mobile Ownership is an advanced security feature that confirms ownership of mobile shares to ensure those shares can participate in the merging process. In the Standard Mode of the Inheriti plan, the verification is done by Inheriti. In the Advanced mode, the plan owner can choose to have the verification done manually by the beneficiary holding the mobile share. For information about more security measures: Security of Inheriti.

What are the options for Verify Ownership?

In the Standard Mode of Inheriti, the verification of ownership of your mobile share is processed automatically by Inheriti. You won’t even notice this additional security measure is executed.

In the Advanced Mode, you have the ability to choose the verification method.

  1. Inheriti - automatic verification done by Inheriti: Inheriti processes the verification for SafeKey Mobile users in the background.

  2. SafeKey Mobile User - manual verification done by shareholder: SafeKey Mobile are requested to manually verify their shares after they have claimed their share in the SafeKey Mobile app. This can be done by either scanning the QR code or using the deep link, both provided in the Notification Email sent after plan creation.

For information about more Inheriti security measures: Security of Inheriti.

How to choose SafeKey Mobile User or Inheriti as Verify Ownership option?

When selecting a verification method, consider the following:

  • Inheriti: This automated option provides convenience by handling verification by Inheriti on behalf of shareholders, but it is less decentralized compared to the manual method.

  • SafeKey Mobile User: This manual option is more decentralized and offers enhanced security, but requires shareholders to complete the verification process using the unique, one-time QR code and deep link send to them in the Notification Email after plan creation.

    This Email is also required for re-claiming & verifying a share in the event access to the mobile device is lost. This is only possible if the user has chosen to have a backup of the share remaining in Inheriti’s vault.