Eternal Trusts Is a Decentralized Hybrid Intelligence Platform for Long-Term Tasks
It is of crucial importance for mankind to preserve knowledge and experience, accumulated by previous generations. Human desire for self-actualization brought the Eternal Trusts founders the vision of their project. Eternal Trusts is a blockchain-enabled decentralized platform, created for storage and managing cryptocurrency assets, according to a specific long-term goal set by the trust settlor. The project’s key idea is to combine hybrid intelligence technology with smart contracts.
This approach will change traditional trust funds and the nature of trusteeships. The system creates eternal wallets, that can store cryptocurrency assets for hundreds of years. The system of experts evaluation will allow to search for suitable providers capable to solve the task set by a settlor. The global mission of the platform lies in autonomous execution of various long-term objectives.
Core principles and elements of the Eternal Trusts platform
1. A long-term target formulated by the settlor
User of Eternal Trusts can become a settlor by purchasing ET tokens. Once tokens are bought, user is able to set the target. System divides the goal into sub-tasks. When solution is found, the process of goal achieving will be launched.
2. System of regularly votes
A randomized pool of Oracles consists of experts and artificial intelligence algorithms. System of regularly voting within the Oracle pool selects the most appropriate solution to achieve the goal.
3. Providers
Providers are companies, which can be found in various spheres, that are related to the purpose to some extent. Providers compete by performing their skills to complete the task in the most optimal way.
4. Goal achievement
The Eternal Trusts developers confirm that the task will be solved in accordance to the settlor’s requirements. Oracles are responsible to choose the most reliable providers and control them. They are in charge for the purpose to be fulfilled with the highest degree of quality.
Value created by the Eternal Trusts platform
1. Value for traditional fiduciaries
The decentralized group of experts explores various fields, such as management, charity, trust management, life extension elaborations, education and security. Trustees from these areas supply the platform users with services, which will help solve a task.
2. Value for smart contracts template platforms
The Purpose Execution Flow is an algorithm for the goal achievement, as it seeks the best service providers. It can operate for centuries. The Purpose Execution Flow algorithm can be easily integrated with other blockchain driven platforms. Unfortunately, some of these systems are losing their flexibility with time. Therefore, the implementation of the algorithm into a system will allow projects to adjust to changing conditions.
3. Value for end customers
The target customers of the system are those, who understand how the crypto world operates in comparison to the system of fiat money and those, who want to receive an algorithmic solution as to use their cryptocurrency assets. Solution Consultants will help users create a profile on the platform, set key tasks for autonomous execution of the system and determine the conditions, as to when the system should act and start the process of searching for suppliers. The onboarding fee is paid in Eternal Trusts tokens.
Token Sale Plan
In conclusion, we should notice that Eternal Trusts is a multifunctional blockchain-based platform, that operates as a trust fund. The platform provides its users with such trusty services as cryptocurrency asset management, long-term goal setting and searching for suppliers to achieve the goal. Goals can be completely different, but most of them are long-termed. The system allows its users to set such aims, which go beyond the settlor's lifetime. There can be unusual purposes too: Some people are ready to pay for the services of the cryogenics companies to store clients’ brains or bodies on a long-term basis in order to bring them back to life in the future.
To sum up, we are convinced that the project might be useful for those, who are interested in such services or goods, that can not be purchased at the moment. Wealthier individuals, who need an efficient way to transfer assets between family members, charities and purposes, typically dominate the trusts industry. The same is true for Eternal Trusts: It is more likely that wealthy individuals will become the platform clients, due to the high cost of the services.
Links:
Website: https://eternaltrusts.io/
WhitePaper: https://eternaltrusts.com/docs/wpen.pdf
Telegram: https://t.me/eternaltrusts
Facebook: https://www.facebook.com/EternalTrusts/
Twitter: https://twitter.com/Eternal_Trusts
Medium: https://medium.com/@EternalTrusts
ANN: https://bit.ly/2LeShKM
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.