PROJECT SUMMARY Eternal Trusts is the world’s first fiduciary crypto protocol for creating decentralized apps that securely administer crypto assets through collective decision-making. It replicates the traditional “purpose trust” framework with crypto technologies, making it flexible, transparent, and affordable for the end user. ET Protocol is powered by EOS.IO, one of the fastest blockchains with low transaction fees, and by Hyperledger of IBM. PROBLEM STATEMENT: THE TRUST INDUSTRY AND ITS ISSUES The fiduciary market A fiduciary is an individual or organization legally responsible for managing assets on behalf of someone else, usually called the beneficiary, or for executing some charitable or non-charitable purpose. The assets must be managed in the best interests of the beneficiary, not for the personal gain of the fiduciary. The aging population is expected to drive an unprecedented transfer of wealth between generations. According to the Social Welfare Researc