Could this Wilmington startup change the way we store important documents online? - Delaware


Feb. 6, 2017 7:34 am

Could this Wilmington startup change the way we store important documents online?

Veteran tech exec Kris Younger is using blockchain to launch a product called Chronicle.

Chronicle will use "military-grade encryption" for its legal doc storage.

(Screenshot of Tioga.Digital)

For correspondence like email or quick financial matters like mobile bank deposits, the internet and digital transactions are great. They’ve been made easy, fast and dependable over time, and they stand in the modern age as a constant.

For legal documents, wills, estates and their transition? These things in the digital age have only gotten more problematic, thanks largely to how complicated and costly it can be to transfer the ownership of digital goods to, say, the executor of a will or an estate.

Enter Kris Younger, a former AOL and Netscape tech exec and founder of Tioga Digital, a Wilmington-based company. He’s working on an app that’s currently in beta called Chronicle. It will use secure cloud storage tech and blockchain technology in hopes of making digital document storage, archiving and transition much easier.

The app also relies on a special Delaware law.

“Delaware’s law regarding access to digital fiduciary information makes it clear that people can give their executors access to digital accounts as well as paper-based information,” Younger told Global Delaware. “We’ve built our services around that legal platform, working with estate lawyers here in Delaware, so that anyone in the U.S. can use this service and be covered by Delaware fiduciary law.”

Chronicle eventually plans to offer a digital and secure place to store stuff like birth certificates, retirement account information, car titles, health documents and lots more. It promises that security comes in the form of “military-grade encryption.”

Seems like former Gov. Jack Markell’s bid to attract blockchain companies to the state is working.

Read the whole Global Delaware post on Tioga Digital here.

Companies: Tioga Digital
People: Kris Younger
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