Digitrust Corporation have officially announced the launch of their Willtoken, this will allow the secure transfer of digital assets to a chosen beneficiary. Lets now put forward two use-cases for this service.
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Death or disability is a natural occurrence in ones life, life can throw many curve balls, and there are also several uncertainties to what happens with the transfer of assets after any of these events. 0.7% of investors pass away every year on average. This is almost 700,000 deaths per year for every 100,000,000 investors globally.
Digitrust Corporation Pte Ltd, is a decentralized organization based in Singapore, the company has just launched a brand new cryptocurrency. Willtoken is a utility token used for beneficiary assignment services via digital and blockchain platform to the worldwide crypto ecosystem.
Willtoken: Solving the Problem
Fear of losing wealth is terrible for anyone, whether it be due to hacking, filing false claims by unknown entities, manipulation of ownership and unauthorised access as well as all your digital assets being lost in transit. These are all huge concerns for the cryptocurrency community, Investors want to avoid giving away secret keys and passwords to any unknown party.
The company understands the key turning point in this industry, hence the inception of the Willtoken by Digitrust Corporation. The token is based on the full automation with no third party interference. The best part is there are no requirements to assign any passwords or private keys. It is an inheritance protocol that allows a secure and self-managed environment for the investors to safely pass on their assets to their chosen parties.
Willtoken is a digitized and secure contract put in place by the crypto investor and held in place by Digitrust Corporation’s WIlltoken. Willtoken, on the death of a investor, will the give instruction to exchanges and wallet recipients on how to further manage the transfer of wealth directly to the investor’s heir. Beneficiaries will be able to receive the funds without the arduous task having to jump through hoops and over hurdles to meet the pre-existing system requirements, authentication and verifications. Willtoken is a utility token that is used as payment for the wealth assignment service. It is also exchangeable and used like any other coins on the current cryptocurrency market.
Crypto-Will is an official legal document in which the investor can choose whom his digital assets should be transferred to after their death. The Crypto-Will includes details and instructions regarding legal heir, trusted persons, and beneficiary verification. It automates transfer of assets directly from exchanges and wallets to the beneficiary. The technology behind this platform is highly sophisticated and encrypted, all confidential information is kept hidden in cold storage from prying eyes until it is time to activate the claim.
These systems provide the assignment of beneficiaries, identification of death or disability, conducts pulse search, deep search, and establishes Proof-of-Death. It can confirm the legitimacy of a claim, also being able to file valid claims to the exchanges and wallets, this all happens via an automated A.I application.
The system also handles the task of assets transfer to the beneficiary through an automated process without any interference. The entire process is executed seamlessly using the latest blockchain technology.
WillToken Generation Event
WillToken rollout plans and services that are clearly outlined on their website here, and public sale Stage1 is currently active and will run through till the 15th of July, 2018.
Details of Will Token are as follows:
- 1 Willtoken = 0.10 USD
- Tokens available for sale: 250,000,000 (For Both Stage 1 & 2)
- Willtoken Protocol: Ethereum ERC20
- Buy using Cryptocurrency: BTC / ETH
- No Minimum Contribution
Visit the Website: https://willtoken.io/