Digital testaments are now available in Spain
The proposal that revolutionizes the concept of a traditional testament is based on smart contracts
Mi Legado Digital is the Spanish company that has just made available to the public the possibility of issuing a digital testament, through smart contracts, and through the use of blockchain technology.
They counted on the professional advice of lawyers and notaries with extensive experience in the area of Law and those who support the development of new technologies applied to everyday life to facilitate annoying or distrustful procedures.
The proposal incorporates public key infrastructure, electronic time stamps and certified electronic delivery services. The intervention of a notary will only be done in case it’s inevitably necessary. The document respects the last will of the testator when he is no longer there.
Currently, the smart testament solution is in its beta version, as indicated by Judith Giner, CEO of Mi Legado Digital. In any case, what they seek is to provide confidentiality and immutability of personal data as well as any additional information through its digital platform.
The information of the client and his family members mentioned in the document are maintained in the long term without the possibility of changes or intrusion of third parties. For the application of blockchain technology and smart contracts they had the support of lawyers specialized in disruptive technologies and legaltech.
M.Pino
Source: Elderecho.com
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