Who doesn’t dream of eternal life, interstellar or even time travel? Why not, after all, submarines and airplanes used to be no more than a pipe dream, a fantasy, unattainable and bizarre. However, today we take these things for granted.
And just like that, immortality can enter our lives along with augmentation and organ transplants. This is only a question of when, and how fast the technology and science reaches this level. This can happen in a year or ten, or even a hundred. Will we be around to see it? The Eternal Trusts project offers an answer to that question since Eternal Trusts is the first blockchain platform in the world to focus on deferred purchase of products and services yet to arrive on the market.
Figuratively speaking, this platform allows to guarantee the fulfilment of the most fantastic dreams people may have for the far future and beyond. It is perfect for deferred actions and allows to set an algorithm to a number of different services such as cloning, revivification of neuron cells after a cryosleep or chemical stabilization when it becomes available, legal and complies with ethical standards. Such entity is interesting to special discretionary trusts and legal structures aimed at saving client’s assets from any third party claims. The money stored in trust funds can only be spent on the needs and for the purposes preset by the client. The assets stored in trust funds are kept in the safest banks and are managed according to the most reliable long term strategies.
The aim of the project is to have enough funds in the trust account to purchase all the necessary services and products when a client’s wish becomes attainable. Discretionary asset management continues until the algorithm of autonomous goal fulfilment on the basis of an annual analysis of potential contractors declares that the goal set by the client is safely attainable. This is the only case when the services required by the client are purchased. These trusts can exist for hundreds of years and over time seek out the opportunities to execute the necessary actions to attain the goal preset by the client.
The project has become ever more relevant since cloning became technologically viable along with perfect DNA and brain tissue conservation in mammals. With the advent of the blockchain technology and the ICO boom, the natural link between trust funds and biotech has formed. Thanks to the blockchain technology, we can create a fully functional system that will ensure the human factor is not in the way of fulfilling the clients’ goals. In the field of deferred purchase of services that only become available many years in the future, the human element is a serious hindrance in achieving the goal. One day the person you signed the agreement with works in the company, the next day he’s not, and that’s the risk.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/dreams-on-smart-contract/