Technology Used

Blockchains used

i-Ternity has the long-term vision of offering its services through a multichain protocol that transparently allows NFTs to be mined according to several criteria (user preference, transaction fees, availability, etc.). The underlying reason for offering a multichain solution is that we want to make our service as accessible and convenient as possible for our users. Our vision is that anyone wanting to secure their heritage through i-Ternity should be able to do so without having to jump across chains or to bridge their tokens to have access to our service. We believe offering a multichain solution will greatly increase the usage and scalability of our platform to the great advantage of all of our stakeholders and users.

Considering the complete multichain integration will require a certain time to be fully implemented, we have chosen to work with two specific blockchain ecosystems for the first phase of the project. It is important to note that the

  • The WILL token will initially be deployed through a smart contract on the Binance Smart Chain (BSC) blockchain in order to facilitate transactions. (for more details refer to the Tokenomics section)

  • The NFTs of testaments and certificates of ownership will be minted and stored on the Solana blockchain. We have chosen this specific blockchain as we believe it is the most suited to launch our service due to its speed of processing transactions, negligible transaction costs, and its scalability. In the future, integrations will be made with the Elrond, Binance Smart Chain, Moonbeam, Harmony, Cardano, Polygon, Fantom, and Avalanche networks.

Payment Process

When paying for the mandatory i-Ternity service at the mining of a user’s testament, a $WILL payment call on the Binance Smart Chain network will be made. Upon receipt of the payment transaction (callback), mining will be carried out on the Solana blockchain (and in a later phase on the user’s blockchain of choice). The user must have a positive balance of SOL or any other native currencies (i.e. coins) in his "non-custodial wallet" in order to pay the smart contract’s transaction costs.

Identification

User identification will only be done through access to their "non-custodial wallet" whose address will be that assigned by the Binance Smart Chain blockchain. In a later phase, the identification protocol will benefit from a multichain integration to improve user experience. It is important to note that no password or username will be requested on the platform, with the access to a user’s testament following the same procedure as the one used to access a traditional crypto wallet. This implies that the NFT(s) mined through i-Ternity will only be available in the user’s own wallet. It is up to our users to carefully store and protect their access keys as losing them could result in the inability to access their minted testaments. Nevertheless, users can rest assured that in the unfortunate event that they were to lose their access keys, the i-Ternity protocol would still run its course upon the death of the testator as testaments will remain safely stored on the blockchain.

Multiple Testament Creation

In the event that several testaments are registered by a user, the i-Ternity protocol will examine each testament’s NFT time-stamp in order to only execute the most recent version. In certain cases the country-specific legislation governing inheritance transmission might influence which testament will prevail.

Document Storage

The storage of the original documents (e.g. scan of a user’s handwritten will, scan of supporting documents, etc.) will be decentralized on the public IPFS network and available through private i-Ternity gateways. If a private or public notarial blockchain is available in a user’s country (e.g. BCN in France), the document will be encrypted and sent to this blockchain in order to facilitate access to information as well as to assist the work of notaries.

i-Ternity App

To make the i-Ternity user’s experience as pleasant and convenient as possible, two alternatives will be offered to access our service. Initially, a web application will be developed allowing for the easy interaction betweens user’s wallets and our platform (Trustwallet, MetaMask, Phantom, etc.). In a second phase an Android and iOs mobile application will be developed to facilitate access to our service. The choice between a native application of a progressive has not yet been established and will be the subject of an in-depth study during the year 2022.

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