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by ZackJ37 2152 days ago
This is great! As a shameless plug, check out Fidelius Vaults (https://www.fideliusvaults.com): you can create an 'If I Go Missing' Folder, which can be accessed by people you trust in emergencies.

The idea is that you choose people who act as proxies in an emergency event; if something happens, a configured number of them have to approve access to your vault of documents/information before it can be viewed

2 comments

Interesting company, do you happen to know of any others in that area as well (for comparisons sake).

I've been thinking it would be neat to have something like a very long term will execution/time capsule, for example to release biographies or other such information a long time in the future (say the 100+ year range).

Something like that would require a lot of things to go right, one of which is the a good expectation that the company would be around by then, for example the old banks such as Lloyds (I doubt they offer this kind of service to individuals if at all however).

Curious to know if you had any thoughts for how a service similar to that would work (or if they exist already), if its even feasible.

While there are other document storage services, I'm not aware of any that make commitments for storing data 100+ years. For Fidelius I'm offering a 10 year notice / storage if the service ever sunsets, and I've seen similar from other companies.

The obvious concerns here are the storage media used, the DR plans for the service, and more importantly, trusting that the company will do right by you after you're gone – even if it goes under new management or bankrupts. While I always struggle to find applications for blockchain, perhaps this is a scenario where it could be useful... perhaps you could upload the encrypted data to the chain, and form a contract where the key to decrypt it is released after X years?

There is https://www.fidsafe.com/ operated free from Fidelity (a brokerage company that's been around a very long time).
Wait. So if I assign 5 trustees, 5 of them need to approve in order for any of them to access the documents? IS that how it works?
From the FAQ on the site it seems you can nominate 5 but make a rule that only 3 (or 2 or 4 or whatever) need to agree. It's a balance between security and speed of access.
Yep, exactly. You can split up the information so that the urgent, emergency documents require less approvals that something like an estate plan.