System and method for providing personalized and confidential data management and sharing services

A personalized and confidential data management and sharing system comprising:

• a subscriber profile and designated recipients and affiliates details management unit configured to manage a profile of the subscriber, manage details corresponding to a plurality of affiliates and a plurality of recipients designated by the subscriber and photographs of the plurality of recipients, whereby the subscriber uploads/enters personalized and confidential data and designates the plurality of recipients for receiving the personalized and confidential data on at least one of:
• a demise of the subscriber;
• and/or after a predetermined time period after the demise of the subscriber, as defined by the subscriber;
• a database unit for storing the personalized and confidential data of the subscriber, the recipients designated by the subscriber and the list of the plurality of affiliates;
• a history tracking unit for dynamically determining an existence of the subscriber by tracking a visiting/login history of the subscriber in to a subscriber account at regular intervals of time;
• and
• a dynamic message triggering unit for transmitting a plurality of communication messages to a personalized digital account of the subscriber for a predetermined number of times upon identifying the subscriber not logging in to the subscriber account for a predetermined time period and transmitting the personalized and confidential data of the subscriber to the designated recipients by transmitting a secured link to the personalized digital account of the plurality of recipients designated by the subscriber for logging into the personalized and confidential data management and sharing system to view/download the personalized and confidential data, whereby the designated recipient is provided with a password to access the personalized and confidential data upon confirming the demise of the subscriber;
• a data encryption and decryption unit for encrypting the personalized and confidential data uploaded/entered by the subscriber and decrypting the personalized and confidential data for enabling the plurality of designated recipients to view/download the personalized and confidential data;
• and
• a video conferencing unit for enabling the plurality of recipients to participate in a designated recipient confirmation session through a video conference to confirm their identity, whereby an image captured during the video conference is compared with the photographs of the plurality of designated recipients provided by the subscriber while designating the plurality of recipients.