Legally enforceable smart contract wills

Blockchain Technology have the potential to radically alter the way that people have executed wills for centuries. Traditional wills are usually written down onto a piece of paper to divide your assets according to your wishes to your beneficiaries. This project explores the method of harnessing...

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Bibliographic Details
Main Author: Chua, Kelvin Chong Hung
Other Authors: Ng Wee Keong
Format: Final Year Project
Language:English
Published: Nanyang Technological University 2023
Subjects:
Online Access:https://hdl.handle.net/10356/166001
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Institution: Nanyang Technological University
Language: English
Description
Summary:Blockchain Technology have the potential to radically alter the way that people have executed wills for centuries. Traditional wills are usually written down onto a piece of paper to divide your assets according to your wishes to your beneficiaries. This project explores the method of harnessing the blockchain technology such as Ethereum to create a distributed ledger of wills to maintain a reliable record of a testator desirers. By using blockchain technology with the innovations of the best aspects of electronic wills, a blockchain will could serve as a reliable, authentic, and secure record of a decedent's last wishes for disposition of her property.