Topic: a crypto-will to transfer crypto-currencies (Read 235 times)

While I do agree that assets like your house will be accountable to 'the courts' so the speak, I don't think that applies to everything that can be put in a will.

In essence, blockchain technology can be used as a place of storage and direct access for the person that wishes to control and make changes to their will. Some of this (like passing on your private keys) can be done without a notary by using blockchain and an app like this.

It's a contradictory concept to what cryptocurrencies are for. Cryptos are decentralized, but making a will makes it accountable to the courts, which is technically not possible, unless the government brings their own centralized crypto (!) and force everyone to use that.
Instead of making a will, the holder can simply pass on the private keys to whoever he/she wants.

I like this concept and have been thinking about something similar myself. The need is definitely there!
Will follow this

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People, for the most part, don’t like to think about dying and writing a will is something that often comes only when theyr are getting old or seriously ill. Unfortunately, life is unpredictable and death too, as Legacy’s CEO Felipe Faraggi sadly experienced when his dad died while still quite young. As many, he didn’t plan for this moment and never had the chance to say goodbye and write a will for his loved ones.

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Built on top of the Ethereum blockchain, Legacy allows you to transfer memories and other digital assets to your loved ones after your death. We have developed a simple and easy-to-use application that allows you to organize your digital assets in capsules. In just a few clicks you create capsules which you can fill with your memories such as letters or videos, your belongings like your house and even your crypto-currencies. Each capsule can be assigned to one or more recipients, and you can add additional conditions upon which the capsules are transmitted.

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Blockchain offers a perfect solution to make the process of preparing for your final day a lot less tedious. Come to our website https://legacy.network to learn more about us and join our community on our social medias.

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