Aug 16, 2018
Eternal Trusts is the first decentralized application that provides trustee services via the crypto world. It is built on our own open source EOS and Hyperledger-based fiduciary protocol, which combines the security of smart contracts with the collective decision-making ability of oracle networks to revolutionize the industry of trustee services and asset administration.
Establishing a trust fund for yourself and your family allows to streamline succession and avoid probate, while redistributing your capital to multiple generations of your family, financially supporting charitable organizations, or fulfilling any extraordinary individual purpose. However, the process for creating and managing such a legal infrastructure is too complex and expensive for most people. With the newest technologies, Eternal Trusts makes the fiduciary process decentralized, secure, transparent, and affordable. The decentralized trusts of ET can exist for centuries, turning to blockchain-based collective decision-making to seek the best providers capable of executing the long-term purposes of the settlors.
The original ET-dApp uses the ET Protocol, the pioneering open source fiduciary blockchain protocol for creating distributed crypto trusts. Unlike in traditional centralized trusts, the trustee built on the ET Protocol is represented by a system of smart contracts and a reputation-based network of oracles — a group of experts acting together and being rewarded for the right decisions. Decentralized trusts can store and manage clients’ assets as cryptocurrency, tokens, and tokenized traditional assets and funds.
The ET Protocol is open to everyone. Any business owner, trustee, or family office interested in integrating the decentralized trust mechanism into its business processes can do this by building their own dApps and establishing their own networks of oracles and service providers that will serve the fiduciary needs of their clients and help achieve their long-term purposes.
Attention. There is a risk that unverified members are not actually members of the team
$68 518 453
Eternal Trust is a blockchain based platform that facilitates autonomous, deferred purchase of emerging biomedical and other services not available. It allows individuals to come up with products and services necessary for their well-being. It is, therefore, ideal for deferred operations within the biomaterial, and allows the acquisition of different procedures once they become legal and available in the market.
The creators of Eternal Trust seem to have struggled to come up with a unique system without considering the profitability and hence the future prospects of the idea. Consequently, I will not invest in this platform.
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