Stornest is a blockchain-based platform utilizing Zero-Knowledge Proof technology to securely store and manage legacy information and documents, ensuring that designated beneficiaries can access critical assets after an individual's passing. The service addresses the challenge of asset transition by providing a reliable solution for the secure transfer of investment accounts, insurance policies, and digital assets, thereby preserving legacies and offering peace of mind.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Individuals and institutions face challenges in securely managing and transferring assets and critical documents to designated beneficiaries upon unforeseen events. Traditional estate planning methods can be complex, costly, and may not adequately address the transfer of digital assets or ensure seamless transitions. This creates uncertainty and potential loss of value for both individuals and their stakeholders.
Solution
Stornest provides a secure, blockchain-based platform for managing and transferring assets and documents to beneficiaries, ensuring seamless end-of-life asset transition. Utilizing Zero-Knowledge Proof technology, Stornest enables users to securely store and manage legacy information, including investment accounts, insurance policies, and digital assets. The platform offers a white-label solution that integrates into existing services of financial institutions, cryptocurrency exchanges, estate planners, and insurance companies, enhancing their value proposition and customer relationships. Stornest streamlines the probate process and ensures that beneficiaries are informed and can access critical assets when needed, preserving legacies and providing peace of mind.
Target Audience
Stornest targets financial institutions, insurance companies, wealth advisors, estate planning firms, digital asset companies, and individuals seeking a secure and efficient solution for end-of-life asset transition.
Features
- Secure document storage with Zero-Knowledge Proof encryption
- Designation of multiple beneficiaries for each asset or document
- White-label solution for seamless integration with partner platforms
- Quarterly communication touchpoints for vitality checkups
- Support for various asset types, including investment accounts, insurance policies, and digital assets (crypto/NFTs)
- Streamlined probate process through secure digital storage of crucial documents
- Role-based access control for enhanced security and compliance