Finnovant and StorageChain Launch World’s First Affordable, Decentralized, Triple-Encrypted Storage Solution
MOUNTAIN VIEW, CA, UNITED STATES, June 26, 2025 /EINPresswire.com/ — Finnovant, a leading innovator in digital assets, blockchain technology and biometric authentication, and StorageChain, the decentralized storage trailblazer, are proud to announce the official launch of PhēnixLoc. This revolutionary platform redefines digital privacy and security, delivering robust, user-controlled, and affordable data management for emerging markets and beyond.
Every file stored in PhēnixLoc is encrypted with AES-256, and other advanced security, the same standard trusted by governments and global financial institutions. Data is split and distributed across a global network of nodes, eliminating single points of failure and making unauthorized access virtually impossible.
Access is secured by a Decentralized Finance (DeFi) authentication system, which uses 12 keywords, to ensure only the rightful owner can retrieve their information. For added security and convenience, a passphrase also ensures users can always regain access to their data.
“We are thrilled to partner with StorageChain to bring PhēnixLoc to market,” said Brian Maw, CEO of Finnovant. “With PhēnixLoc, we are making secure, private data storage accessible to everyone, especially those in emerging economies. Our advanced biometric authentication, combined with StorageChain’s decentralized network, delivers a level of security and control that is truly unprecedented—and designed for the next billion users.”
PhēnixLoc’s unique Endowment function enables users to designate a trusted individual to access their digital assets in the event of incapacitation or passing, ensuring that important information is handled according to their wishes. The platform is available on Android, iOS and all web browsers, making it accessible to users worldwide—even in low-bandwidth environments.
PhēnixLoc offers flexible, affordable plans, including a free 14-day trial with 50MB of storage, a Basic plan at $5.99/year USD for 1GB, and a Plus plan at $19.99/year USD for 5GB which includes full access to Endowment features.
The user interface is intuitive and optimized for all tech experience levels, ensuring accessibility for everyone.
PhēnixLoc is a standalone product that enhances the Phēnix X mobile product suite but can run on any device or platform. Multiple payment options, including Bitcoin, Ethereum, and others, make it easy for users worldwide to get started.
“Our collaboration with Finnovant marks a major milestone in decentralized storage,” added Chris Dominguez, CEO of StorageChain. “Privacy is a fundamental human right, and with PhēnixLoc, users everywhere can own and control their digital lives, regardless of location or financial status. This is decentralized storage for the real world.”
Get started with PhēnixLoc today: https://phenixloc.fnvt.net/
Read the full press release here.
