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
28.4.2025 15:00:00 CEST | ACCESS Newswire | Press Release
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
Miami Fashion Week(R) Celebrates 10 Years With a Landmark Anniversary Edition, October 13-18, 20269.10.2026 17:00:00 CEST | Press Release
MIAMI, FL / ACCESS Newswire / October 9, 2026 / Miami Fashion Week® (MIAFW) celebrates its 10th anniversary this year, returning October 13-18, 2026 featuring industry programming, runway shows, and special events bringing together international designers, Latin American talent and Miami's creative community. For a decade, MIAFW has served as a bridge between Miami and the international fashion industry, creating a platform for designers while expanding beyond the runway through sustainability, technology, education and cultural exchange. The milestone edition brings together international designers, Latin American talent, fashion innovation and a new Stitch Lab retail experience Throughout these ten years, MIAFW has pioneered initiatives at the intersection of fashion, sustainability and technology. Founded in 2017, the MIAFW Summit created a space for dialogue and education around the industry's evolving challenges and opportunities. Building on that vision, the Virtual Fashion Award
IROS 2026|PaXini Showcases Full-Stack Tactile Strategy for Physical AI8.10.2026 18:15:00 CEST | Press Release
PITTSBURGH, PA / ACCESS Newswire / October 8, 2026 / As global researchers and industry leaders gathered in Pittsburgh for IROS 2026 (Sep. 27-Oct. 1) to tackle the scaling of Physical AI, PaXini AI took center stage, showcasing its full-stack products from chips to humanoid robots and hosting GEEN 2026 · IROS, the Global Embodied Ecosystem Night. The event was not merely an exchange, but an industry gathering focused on the deployment of embodied intelligence. As a leader in tactile sensing, PaXini has built a full-stack closed loop centered on touch: PIE - Perception, Intelligence, Execution. Perception enables robots to understand the real environment more comprehensively and accurately. Intelligence uses data and experience to move robots from being programmed to adapting and generalizing. Execution, through powerful actuators and dexterous end-effectors, allows robots to complete complex tasks. These three layers drive one another and form PaXini's infrastructure capability for the
Loar Holdings Inc. Announces Date and Time for Third Quarter 2026 Earnings and Conference Call7.10.2026 22:05:00 CEST | Press Release
WHITE PLAINS, NY / ACCESS Newswire / October 7, 2026 / Loar Holdings Inc. (NYSE:LOAR) will report Q3 2026 earnings before the market opens on Thursday, November 5, 2026. A conference call will follow at 11:00a.m. Eastern Time. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website: https://ir.loargroup.com The webcast will be archived and available for replay later in the day. About Loar Holdings Inc. Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today's aircraft and defense systems. Loar has established relationships across leading aerospace and defense original equipment manufacturers and Tier Ones worldwide. Contact Ian McKillop Loar Holdings Inc. Investor Relations IR@loa
Surmodics Launches IOL Cartridge Coating Automation Center in Horsham7.10.2026 21:30:00 CEST | Press Release
HORSHAM, PA / ACCESS Newswire / October 7, 2026 / Surmodics, a provider of surface technologies and performance coatings for the medical device industry, today announced at the opening of the American Academy of Ophthalmology annual meeting in New Orleans the launch of its IOL Cartridge Coating Automation Center at its Horsham, Pennsylvania site just outside Philadelphia. "The delivery system for an intraocular lens (IOL) combines precision injection-molded parts with a specifically selected lubricious, biofriendly coating," said Chip Hance, CEO of Surmodics. "As IOL manufacturers increasingly seek automated assembly and modern biomaterial formulations, our Automation Center provides automated coating processes designed for efficient production throughout the product lifecycle." The center brings together advanced hydrophilic coating technology, decades of IOL cartridge application expertise, precision coatings processes and automation capabilities in a manufacturing platform developed
PostSig Expands Enterprise Platform for Financial and Operational Control7.10.2026 15:00:00 CEST | Press Release
SAN FRANCISCO, CA / ACCESS Newswire / October 7, 2026 / PostSig today introduced a significant expansion of its enterprise platform, giving Finance, Procurement, Market Data and Operations teams a shared foundation for managing commercial performance. The expansion follows PostSig being named Best Data Governance Solution in WatersTechnology's 2026 Inside Market Data & Inside Reference Data Awards and its first enterprise deployment with data consultancy CJC, which manages market data for a London multi-asset broker. Pricing schedules, service orders, product inventories and entitlements change over time. When teams manage those records separately, they may see individual values but cannot reliably determine which one applies, why it changed, or how the change should affect spend. "Commercial commitments do not stop at the document," said Hendrik Bartel, CEO and Co-Founder of PostSig. "They show up in products, pricing, invoices, entitlements, usage, and accountability. PostSig connect
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