A Will, as we all know, is a legal document whereby a person attests to how their life inheritance is to be managed and distributed after death. Writing a will is straightforward as long as you follow the law and also reveal your inheritance to a witness.
Since no one feels comfortable talking about his/her inheritance with other people, this makes them look for means to avoid the discussion and making a will until death calls.
Death is an unavoidable occurrence that must happen to each and every human but a person needs to be prepared for what comes after death and this has caused so many wills to be forged and so many properties and inheritance to be mismanaged.
Writing a will is straightforward and also requires the help of a lawyer and a witness, but things can get messy after the death of the owner as greedy family members would want a larger stake in the inheritance.
An organization has brought a solution that enables you to write your will at your leisure without the need of a third party, lawyer or witness. This solution gives you access to write your will anywhere and anytime and makes sure that the will would be functional until the last bits of inheritance have been distributed to the rightful individuals.
This solution also settles the messy problems that occur after death.
Eternitas
“Is it selling software? Is it blockchain, smart contracts or crypto? It´s autonomy. Innovation is about changing the way we look at things. Will have been around for thousands of years and never really changed at its core. With Eternitas we want to give autonomy back to the individual when it lacks the most: at the moment of death. Why leave your will in the hands of others if you can keep it in your own hands?”
Milosz Matuschek, CEO & Founder
from eternitas
Eternitas is an award-winning French-German start-up that was founded by Dr Milosz Matuschek who also happens to be the CEO. Eternitas aim is to use smart contracts and blockchain technology to create autonomous wills that cannot be altered and stored eternally on the blockchain. Eternitas autonomously creates will on the blockchain using smart contracts, execute it and properly distribute these assets to the rightful beneficial accordingly.
Eternitas keeps an individual will well secure on the blockchain while also using legally recognized standard templates without any form of leakage or tempering,
Eternitas has three major benefits and they include;
- Autonomy: there is no form of third party individuals such as lawyers and witnesses and creates a will on a decentralized platform.
- Safety: Eternitas uses the most secure form of technology which is the blockchain and this makes your will and assets safe from any form of alteration.
- Easiness: Eternitas makes it easy to create a will, this involves a simple process that can be done by you.
Watch the above video to understand more on the Eternitas project
How Eternitas works
- Virtual Testament online by use of templates
- Testament – handwritten will or donation on paper (or whatever is legally needed)
- Transformation of legal prose in smart contract or Ricardian contract
- Store of Hash of written will in the Blockchain or in a safe database
- Execution of your will on a given life event
from the website
Eternitas works with all forms of virtual asset which includes cryptocurrencies, digital estates such as passwords, photos, videos, texts.
After all the above process, Eternitas then distributes all the assets to all beneficiaries accordingly.
Eternitas aims to tokenize real and digital assets such as artwork, real estate, shares, precious gems and metals, insurance claims and many more.
Eternitas Roadmap
Eternitas made a roadmap to achieve the above, this was made to give users who are interested in the project a guideline to follow and also what to expect in each and every month of a year.
The road map dates back from July 2017 and continues towards March 2020 where a beta version of the project would be released.
Visit the official website for more understanding of the road map.
Eternitas has a higher hope of surviving and delivering what they have promised as they have won a recent #TwitterPitch which was hosted by Carsten Maschmeyer (German Shark Tank Judge).
I am saying a big congratulations to the CEO and the entire Eternitas team for this big win.
The CEO and founder of Eternitas made a detailed write up on medium to better understand what the project entails here.
As well all know that all small drops make a mighty ocean and all great ideas and projects usually start small, support is needed to move Eternitas forward and this can be done by sending in your donations to the wallets mentioned below.
BTC: 1DiGG4P2LEcmLP6i8B9rbe3CCMYcKrfbfc
LTC: LbTJS2y95TXxeX1E6WYVzz8uqUgzwCWiL9
ETH/ERC-20: 0x1dFf6069832693f752fa8Ab3f84fC19C76a4A79F
All donations would be duly rewarded with different packages according to the amount of the donation.
Our goodies: virtual high fives for 10 $, an inheritance-related thank you card for 50+ $, access-first at 150 $ and a personal phone call from the team at 500 $ with cost-free access to our service (free access to safe storage for a lifetime). At > 1000 $ you´ll get all of it & a surprise. Don´t forget to leave your contact in your transaction.
this can be found in a call to action by Eternitas can be found in a medium blog here
The Eternitas project has announced to pledge 10% of their revenue to charity projects that are currently on the blockchain.
A German written Q&A session by the CEO can be found here and this can be translated to your desired language via Google translate or any other form of translation that you wish to use.
Useful links to refer to for more information
Eternitas official website
Eternitas twitter page
Eternitas telegram channel
Eternitas Facebook page
Eternitas LinkedIn
Eternitas medium blog