Blockchain-powered digital asset inheritance solutions

Digital asset inheritance solutions driven by blockchain are changing the way estate planning has historically been carried out by giving heirs a safe, precise and automated way to receive digital assets. In today's world, where people collect digital assets such as cryptocurrencies, digital media and, increasingly, digitised assets such as real estate, funds and even cash, this will prove to be increasingly more beneficial and relevant for many. And, according to the New York Times, as much as 20% of all the Bitcoins ever created have been lost due to the owner dying and not passing their password to their beneficiaries.

Source: inheriti

Advantages of blockchain-powered digital asset inheritance solutions

·      efficiency and automation - use of automated smart contracts to automate inheriting assets since these can be programmed to execute, depending on pre-agreed events such as when the owner of a digital asset dies.

·      global accessibility - makes it easy for beneficiaries to acc…