Assure Trust
A trust & will platform with the ability and focus on private blockchain to bring transparency to its customers.
Singapore & Global
Insurance
4 Team Members
Aug 22 to March 23
About Assure Trust
We developed a private blockchain platform on private Ethereum blockchain for Precepts Group, enabling secure and transparent management of wills and assets. The platform utilizes private smart contracts to ensure enhanced security, seamless execution, and compliance in will management and investment transfers, with immutable records and permissioned access for full control.
The Challenge
The main challenge was to ensure transparency in will management while maintaining user privacy. The Assure Trust team previously relied on manual processes, leading to errors and a lack of a global system overview. To address this, we developed a secure web platform integrated with private blockchain technology, enabling automated, error-free operations with real-time system visibility. Our web development expertise ensured a user-friendly interface, seamless navigation, and secure access, revolutionizing the way wills and assets are managed.
The Outcome
We designed a smart contract for Assure Trust on a private Ethereum blockchain, ensuring secure and transparent will management. In addition, we integrated advanced data science components to provide the team with a comprehensive overview of current and upcoming activities, enabling data-driven decision-making.
Our intuitive platform allows users to update their wills at any time, with each modification securely tracked and recorded on the private blockchain. This ensures immutability, accuracy, and legal compliance. Upon a user’s demise, their final wishes are executed exactly as intended, eliminating disputes and ensuring a seamless and trusted inheritance process.