What are the 8 specific asset groups supported by ELVOAQ Vault?
ELVOAQ Vault is a privacy-first digital organization tool built to European standards. It organizes data into eight distinct asset groups to help users manage valuable items. These categories cover various aspects of asset ownership and documentation.
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ELVOAQ Vault supports eight specific asset groups: Assets, Proof, Ownership, Files, Values, Teams, History, and Sharing.
These categories create a comprehensive structure for managing physical and digital valuables. Here is a practical breakdown of each group:
- Assets: This is the core registry where you create structured profiles for individual items, including photos, condition notes, and location details.
- Proof: Stores documentary evidence such as receipts, certificates of authenticity, and proof of purchase to verify item legitimacy.
- Ownership: Records legal title and transfer details, which is critical for insurance claims and estate planning.
- Files: A secure repository for scanned documents, high-resolution images, and digital media associated with specific assets.
- Values: Tracks appraised figures, current market worth, and historical valuation data to monitor asset performance over time.
- Teams: Manages user roles and access permissions, allowing multiple family members or professionals to collaborate securely.
- History: Maintains a complete audit trail of all changes, appraisals, and ownership transfers for every recorded item.
- Sharing: Provides controlled workflows for securely sharing asset data with insurers, appraisers, or potential buyers without exposing private vault details.
This grouping ensures that every valuable item has a complete digital footprint, from its initial acquisition to its current insurance status and future transferability.
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