Brief Introduction
The significant part of each person's life is determined by the written statement he/she has entrusted with a third-party often times a lawyer/attorney. Generally, it is a known fact that these third-parties are the voice representing the demise long after he/she is gone.
But due to the lack of trust and dishonesty that has characterized an average human being, it would be difficult to erroneously believe that the third-party cannot tamper with the documents or the last will.
By and large, the system has given Attorneys and lawyers an uncontrollable power over Testament/Will for a very long time which has given them the opportunity to alter, tamper and sometimes misrepresent the statement of the demise due to their personal interest.
The foregoing problems have plagued the Wills system from time immemorial. Eternitas is a start-up blockchain base platform that offers you a template to create your own will (by yourself, NO third-party) store all your digital assets, virtual assets, and Inheritance in an algorithm format.
As a start-up platform, they recently took part in and won the
#twitterpitch conducted by a renowned personality on Twitter - Carsten Maschmeyer (a Germany Jury) which corresponds to their tremendous start and proof of concept.
How does Eternitas work?
Here is a highlight of how the eternitas blockchain works;
• Templates in form of virtual testament would be created online.
• Depending on the legal stand, a testament either handwritten will or donation on paper will be received.
• Those legal testament/prose would be transformed into a smart contract or what is known as a Ricardian contract.
• Those written Will will be hash/store on the blockchain or in safe database.
• Execution of your will (on a given time).
• It works with other vurtual assets e.g cryptocurrencies. Also, the icing on the cake is that tokenization of real assets is coming soon!
Call to Action
Due to the fact that the project is in its infancy, they would appreciate your kind gesture in supporting their idea and making life a better place. If anyone is interested in supporting this idea and birthing this concept into reality. Don't hesitate to forward your donations to the addresses.
BTC: 1DiGG4P2LEcmLP6i8B9rbe3CCMYcKrfbfc LTC: LbTJS2y95TXxeX1E6WYVzz8uqUgzwCWiL9 ETH/ERC-20: 0x1dFf6069832693f752fa8Ab3f84fC19C76a4A79F
Disclaimer: This is not financial advice. Please do you own research, this blog is an expression of my own opinion and is done for entertainment and leisure.
Links
• Medium Announcement: https://medium.com/@m_matuschek/call-to-action-what-happens-to-your-cryptos-when-you-die-5f8f230df81e
• Interview with eternatis.io: https://www.blockchain-infos.de/milosz-matuschek/
• Official website: https://www.eternitas.io
• Twitter handle: https://twitter.com/eternitasio
• Telegram handle: https://t.me/Eternitas_Community