Introduction

The problem

Let’s suppose the probability of someone’s retirement funds to be stolen on a given day is 1 in 10.000. From probability theory:

The probability of this retirement fund not be stolen on a given day is:

Over the course of 35 years, the probability of this retirement fund not be stolen is:

Therefore, the probability of this retirement fund to be stolen before this individual retires is:

A staggering 72.13%!

Problem details

People who need the most the retirement funds to survive unfortunately live on underdeveloped countries were the willingness of the funds to be stolen are greater when compared to well developed countries. Failure to get the retirement funds on time implies on worse quality of life or maybe even anticipated death.

This means the probability of someone’s retirement funds to be stolen must be virtually zero to concretely save, extend, improve quality of lives of the beneficiaries and family.

Proposed solution

Virtually zero probability in this regard is only possible today with the blockchain technology. Even if there is war, corruption, lawfare, persecution, fiat liquidity injection, funds would still be held safe.

Thinking in this problem, CCEG developed possibly the first Blockchain retirement fund ever created. It was launched yesterday and is now live on Seratio wallet.

Investors can decide how many tokens to invest, for how long the tokens will be locked in with precision of a second.

Tokens of the following nature can be locked in:

• Classic ethers
• Ethereum Classic ERC20 tokens
• Forked ethers
• Forked Ethereum ERC20 tokens

Obs.: Underlying blockchain ledger immutability is key to preserve retirement funds.