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by logfromblammo
3124 days ago
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They sell the proof of identity or authentication information that is used to associate a person with an Ethereum account to someone else, out of band. Ethereum only knows the address to send to, and has no idea who or what is behind it at the time. If the beneficiary dies before 2035, their heirs will collect, for instance. It is pretty simple to do a TVM calculation to determine the current value of a future benefit, and without all that legal-system stuff that is being bypassed through use of smart contracts, the intent of the trust creator can be more easily bypassed. |
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