Welcome!

News Feed Item

Planned Departure Now Allows Users to Will Their Digital Assets to Charities

LONDON, February 13, 2014 /PRNewswire/ --

Bequeathing social media profiles offers a new way to stimulate charitable donations


Planned Departure Limited, an award-winning London startup that offers secure digital estate planning, now provides users the option to pass on their social media assets to any organisation that they specify.

The question of what to do with digital assets has recently developed into a serious concern, as loved ones try to deal with scattered and inaccessible online identities of family members who have passed away. The U.S. government recently noted on its official website that people need to make plans for their digital legacies and "Write a Social Media Will." Planned Departure Ltd. of London is the first company to step in and offer this service, through their new digital vault program, which allows people to control exactly what will happen to their digital assets and identities after they pass away. Furthermore, Planned Departure provides the option of naming different recipients for specific accounts and profiles, so that personal information is distributed according to the wishes of the person who passed away.

"Digital Assets are becoming increasingly powerful," states Planned Departure's co-founder and CEO, Komal Joshi. "They have real financial value associated with them. While items such as e-wallets, BitCoins and popular domain names may have direct financial worth, a Twitter account with a lot of followers or a popular Facebook account is actually a valuable marketing platform. Planned Departure makes it possible to donate these valuable accounts to designated charities now."

The new service will enable members to designate a charity as the recipient of any type of digital inheritance, including social media assets. These assets often consist of hundreds of personal contacts that the individual invested many hours establishing and nurturing. Leaving digital assets to charities that they believe in gives users the reassurance that all their invested time will have a real value in the future, after they have passed away. As Planned Departure co-founder and CTO Anand Ramdeo points out,"Your friends and loved ones will be moved to donate to a cause you care about, as a means of honouring your memory."

As people store more and more of their crucial personal information online, the need for secure distribution of these multiple access nodes after death has become critical. Time Magazine reports that the identities of 2.5 million deceased people in the United States are stolen every year, creating legal headaches for their heirs.

Furthermore, there are heartbreaking stories published frequently about family members who have been blocked from seeing or retrieving important photos, videos or last words of deceased loved ones. Social media platforms routinely lock down the account of someone who has died, unless that person has left specific written instructions and account access information in a retrievable format. Since traditional wills are not kept up to date on current log-in information, a securely maintained digital vault such as Planned Departure fills an urgent need.

About Planned Departure
Planned Departure has received considerable attention since it was formed by Anand Ramdeo, a technologist who has worked for IBM Rational, Amazon etc. and Komal Joshi a London Business School EMBA student. Chosen by the Deloitte Institute of Innovation and Entrepreneurship to receive its 2013 Founders Award, Planned Departure was also selected for the London Business School Incubator program. The company offers bank level security with AES 256-bit encryption and Norton-certified SSL protection for all information retained in its electronic vault. Trusted verifiers chosen by the account owner are contacted in person to verify death before any assets are distributed, and Planned Departure can also work in conjunction with attorneys, elder-care services and estate executors.

Website: https://www.planneddeparture.com

SOURCE Planned Departure Limited

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Sometimes I write a blog just to formulate and organize a point of view, and I think it’s time that I pull together the bounty of excellent information about Machine Learning. This is a topic with which business leaders must become comfortable, especially tomorrow’s business leaders (tip for my next semester University of San Francisco business students!). Machine learning is a key capability that will help organizations drive optimization and monetization opportunities, and there have been some...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...