Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Digiwills
by
Digiwills
on 29/05/2019, 18:03:20 UTC

So,.it'll likely the project can only be used by people who are familiar with crypto? Because to be able to work, your system require possession of private key.

Sorry my bad, the bitcointalk comment was suggestions, not a mandatory task, as you can see the form for registered was just asking for telegram and twitter accounts, anyway I remove the bitcointalk from there.

About your last question, our client target are not only people familiar with crypto, our goal is that users will be able to use our service even if they dont know about crypto.
How? Allowing people to pay the service with credit cards to fund their accounts. that way they dont need to know about crypto as they will just create an account on our service as any other, but they will have a private key which the app will suggest them to secure.


And how will your system decide when should the stored info passed to the successor? What's the trigger? And for the case where the predecessor create their... wills rather secretly, what made you sure the successor knows what the private key i about and how to use them?

Please take some minutes and visit the website and read the whitepaper, your answer is there, thanks so much.
https://digiwills.io


The system will notify successor upon the predecessor's account running out of fund? Let's see where the flaw in that, other than it's very costly, of course. Yes, despite your claim of "only 36 USD" yearly, I thought they're still very costly. I know one project that runs on similar data storage, with running application and established their name despite only being in business in the past year or so, with rate roughly 36 times cheaper than yours, with a better system. Oh right! I see the flaw now: what if the account holder missed the notification? Emails sent to spam folder happens way more often than you think. Or, the exact opposite way, he invested (for instance) 365 USD, expecting that he'll still be around 10 years from account creation, leave the account and data, then died the next day. Hmm... I wonder how will it be beneficial for the successor, given that there's 10 years gap before your system "realized" that the account owner is not around anymore

There were no mention or explanation about my last question on your WP.



Hi, your last question was what is the trigger, when fund run out, about the price, if you go to a lawyer for the same service you will be paying 10x that price, also this is not my first start up where i am involved, things like that usually change with time and situations.

Is up to the owner to fund the service for the time he/her decide, but yes 10 years is a big window, that is why we will prevent owners to fund for so long.

With typical wills services, the lawyer wont be notified about the dead of his client at least people know about the will and where to look for it, in this case at least in ten years your assets will reach the successors hands, beside our target is that everyone knows about the services, so there will be a time where, every successor will know where to look.
About don't letting owners and successors miss the notifications, we got our plan ready to cover that, you must understand that I wont tell you all the technical details about how we will do things, such info wont be public until is done.

thanks so much Smiley