The 'Passbox' Digital Safety Deposit Box Offers Data Security
Michael Hemsworth — October 26, 2019 — Tech
References: passbox.co & betalist
A large portion of the modern consumer lifestyle exists in the virtual world, so the 'Passbox' digital safety deposit box has been created as a way to help users securely store their information. Developed as a post-mortem data solution, the platform will enable users to put all of their essential information for loved ones to use after they have passed away or become incapacitated. Users can easily provide data access to authorized parties to have them prepared in case the unimaginable happens suddenly to keep everyone prepared.
The 'Passbox' digital safety deposit box is part of the increased need for post-mortem data solutions as more consumers become weary of how their information will be handled once they have passed away.
The 'Passbox' digital safety deposit box is part of the increased need for post-mortem data solutions as more consumers become weary of how their information will be handled once they have passed away.
Trend Themes
1. Post-mortem Data Solutions - The increased need for post-mortem data solutions presents disruptive innovation opportunities for companies to develop secure platforms for users to store and provide access to their essential information after they have passed away.
2. Digital Security - The 'Passbox' digital safety deposit box highlights the growing demand for digital security solutions that protect consumers' sensitive information and ensure authorized access.
3. Consumer Estate Planning - The development of platforms like the 'Passbox' digital safety deposit box reflects a trend towards consumer estate planning, creating opportunities for businesses to offer services that assist users in organizing and managing their digital assets for future use.
Industry Implications
1. Data Storage - The demand for post-mortem data solutions drives opportunities for innovation in the data storage industry, such as developing secure and user-friendly platforms like the 'Passbox' digital safety deposit box.
2. Cybersecurity - The need for digital security solutions like the 'Passbox' digital safety deposit box presents disruptive innovation opportunities for the cybersecurity industry to develop advanced technologies to safeguard users' sensitive information.
3. Estate Planning - The trend towards consumer estate planning opens up opportunities in the estate planning industry for businesses to offer services that cater to the specific needs of managing and transferring digital assets after death or incapacitation.
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