I'm wondering for number 4, how we can make sure you're asset is safe? one another thing most of crypto family not a crypto geek, how they get notice their one of the family have some asset cryptocurrency and they got transfer ownership asset? how secure comparing traditional way like we put some information and using bank deposit.
Number 2, you need to find first a famous "Escrow" at the time this service is running.
Hey ryzaadit, thanks for the thoughts!
Regarding #4, the idea is that the a smart contract will lock up the assets so that only the owner will be able to use those funds. As long as the owner is making deposits, transfers, putting those assets to earn interest or even withdrawing some of these funds out of the smart contract, she/he can freely use them. However, if the funds in the smart contract aren't touched for, lets say, 1 year -- or any of time determined by the owner --, the ownership of the smart contract is transferred to a beneficiary. For that to work, the beneficiary should have a wallet and access the dApp. We were also thinking about ways to make this more user friendly by including some email alerts. How does that sound?