Use Cases

PRODUCT

Myend e-will services

With the introduction of the Myend app in both Google Play store and the Apple App Store a POC (Proof of Concept) was tested. In six months, the Myend App (Myend® E-will manager) was downloaded over 100.000 times and converted into 30.000 Myend users from 173 different countries. The App was made available in 7 different languages; English, Spanish, French, Arabic, Russian, German and Dutch. In most of the developed countries we see the successful adaptation of the e-will service. The current services provide enough directives to help people with managing their basic final wishes and assets. However, it can be even more successful once it matures into a legally binding document.

Decentralised Inheritance

The current active installs will be converted into so-called “Encrypted Inheritance wallets” once the service is fully integrated with the blockchain. Based on analysis we see great potential in many developing countries where proof of identity, ownership and the absence of legal structures have a negative impact on wealth preservation. Savings in local fiat comes with a high risk because of currency devaluation. In developing countries, the adaptation of new services like mobile (online) banking products is growing rapidly. Transferring (parts of) their wealth to a stable coin and other fixed supply or deflationary cryptocurrency would help secure their wealth for the future.