I have a friend who I will call Fred. In 2012, Fred lost his father to a sudden illness. The pain was unimaginable and the family was distraught as the loss of such a pivotal character. Some months ater, some of Freds uncles showed up at his home in the city. They claimed *tradition* allowed them to take their choice of their late brothers property and even dictate how his family would receive stipends. Fred fought with everything he had, from legal procedures to heavy prayers. In the end Fred was able to repel the greedy extended family and keep most of his fathers properties.
My second friend Jerry wasn't so lucky. His extended family seized his fathers houses and took over the family business claiming Jerry(the first son) was more interested in art than preserving culture. This led to physical confrontations, altercations and legal battles that were all rather too expensive for him. We later found out that Jerrys dad had indeed left all his estate to his wife and kids but his uncles had connived with the family lawyer to destroy the will.
So what did I learn from this?
While none of us wish to die tomorrow, the choice is ultimately out of our hands. It is therefore imperative we make proper arrangements so that the loved ones we leave behind can be well taken care of.
Eternitas is a blockchain-hosted platform that aims not only to safeguard your will, but to execute it accurately using smart contracts.
Eternitas will not be subject to the whims of an outside party. It will utilize the immutable nature of the blockchain to avoid forgery. It will also preserve your will forever safe from destruction or theft. Basically, with Eternitas you can tokenise or represent your assets in a digital manner and allocate them in the event of your demise.
This concept project is the combined work of a team of professionals. Their areas of expertise range from Software technology, Blockchain development, Politics, Real Estate, Finance to Law. Eternitas was founded by Dr. Milosz Matuschek. Eternitas has won awards for its practical concept and breakthrough work in developing blockchain-based solutions for estate planning.
Eternitas recently won the Twitter Pitch hosted by German Shark Tank Judge and Investor Caster Maschmeyer.
The Eternitas project started in July 2017 and has gained real momentum since then. Notable milestones include Proof of concept at Hacking Law and Proof of concept with a major European life insurance company which were both achieved in January 2018,
Eternitas also formed a strong collaboration with Contract Vault in April 2018 as well as cooperative talks with major Fintech companies. Eternitas also promises many user friendly innovations that will apply across borders for simplicity.
All these steps will allow Eternitas to leverage symbiotic relationships to achieve its aim when the platform launches its Alpha version in June 2019 and the beta platform in March 2020.
To learn more about this project you can visit the Eternitas website
You can also reach out to the Eternitas team on any of their social media accounts
Eternitas Twitter | Eternitas Facebook | Eternitas Twitter | Eternitas Telegram | Eternitas Youtube | Eternitas Medium
You can also support this project. They are currently receiving donations in the following addresses:
BTC: 1DiGG4P2LEcmLP6i8B9rbe3CCMYcKrfbfc
LTC: LbTJS2y95TXxeX1E6WYVzz8uqUgzwCWiL9
ETH/ERC-20: 0x1dFf6069832693f752fa8Ab3f84fC19C76a4A79F
CHECK OUT ETERNITAS NOW
DISCLAIMER
The information contained within this post is not to be taken as financial advice. I am not a financial advisor and none of your investment decisions should be carried out based on any information presented here. Please do you own research before investing in cryptocurrencies or any digital asset. You can lose all of your money by investing wrongly. The information presented in this article is for educational and entertainment purposes only.