ExecuVault™ employs Blockchain technology to create an immutable record. We automate the division of funds via Smart Contracts that are set up in accordance with the Benefactor’s expressed wishes.
Smart Contracts detail the ‘rules’ for assignment and future disbursement, securing all elements within a personalized Vault, immutably recorded on a Blockchain. Payouts are instantaneous and irrefutable once established criteria are met.
The global blockchain market is expected to be worth at least $20 billion within the next 5 years. The financial sector, alone; accounts for 60% of blockchain’s worldwide market value. Forecasts are conservative given that the applications are limitless.
About 90% of European Financial Institutions and American Banks had begun exploring —if not already implementing— blockchain technology by 2018. Outside of the financial sector, 74% of business executives see huge potential in blockchain technologies.
Financial institutions have already invested upwards of $500 million on blockchain-powered projects. Security is the core rationale, but it isn't the only driving factor. Transactions using blockchain stand to be significantly less expensive than traditional transaction costs.
The global blockchain market is estimated to be 3 billion in 2020 and is projected to reach 39.7 billion by 2025
What the internet did for communications, blockchain will do for trusted transactions" —Ginni Rometty, CEO of IBM