Now with Crypto becoming more and more adopted, the same way as one would reap returns from their investments, there is this growing concern on ones will, what happens to the crypto should you (God forbid) pass away.
I for one am worried if my investment wealth distribution should I die. If that happens to me and my ever so "tech savy" girlfriend has no idea how to regain my wallet passwords or so, this would put my loved one and family in a bit of a pickle.
Introducing DigiPulse
A subscription based ERC20 digital inheritance service where the user can store information such as letters, photos, digital assets such as wallet services on Coinbase, and an inheritor is assigned and has access to the wallet should the owner of the crypto be deceased.
DigiPulse is on the mission to tackle escheatment with digital assets,
Escheat is the transfer of title of property or an estate to the state when an individual dies without a will and legal heirs. Escheat ensures that property always has a recognized owner, which would be the state or government if no other claimants to ownership exist.
Check out their Whitepaper here
Still in its early stages, we can see that more and more recognized and applicable ERC-20 tokens appearing in the crypto space and its ICO closes in a weeks time. We truly encourage one to invest now while it's still in its early stages, for gain as well as to support their initiative.
What do you think? Do you feel safe trusting your digital assets with such a service? Comment your opinion below! As for now, it seems like a good token to diversify one's portfolio. Subscribe to us for more Crypto bits and bobs!
Wow nice job on steemit
Thanks you
upvoted and followed you if you like cuteaniamals please follow me
Thanks holl.boll! will follow you for some cute furries :p Cheers!
This post received a 2.5% upvote from @randowhale thanks to @crypto.hype! For more information, click here!
I was just wondering about this myself. It's good to see there is something out there!
For myself- I am a single mom, so this is great for my peace of mind that my crypto finances will get into the hands of my children if anything were to happen to me.
Absolutely! as for not make sure you have a paper wallet on stand by hidden in your safety box somewhere :)
This is an interesting topic, one that I have discussed with a few friends. It is likely that millions and millions of dollars will be lost of the next several decades when people die and they are holding large amounts of crypto without telling anyone else their passwords and details. This is definitely a good idea
I agree, imagine that it is just held there frozen and nobody can do anything about it! Since nothing else can be done to redeem those tokens. I wonder if there was a payment protocol that has an option to redistribute the wealth in a blockchain if a certain set of criteria deems an address/account/wallet is dormant and deemed deceased!
Thats not a bad idea. Cause the thought of letting all that money sit there and no one ever having access to it hurts just to think about haha
Interesting
I am not planning to visit that other world any time soon. lol But, this a great idea. I might think about joining in about 100 years. lol I am only 29 now. So when I am 129 now I will think about it. :) lol
#theunmentionables
Hahaha a long life awaits us buddy. I like your optimism ;)
It sure does. We can achieve anything if we truly believe in it. :) Following you now :)
@crypto.hype well, well, i never taught about that until now... :-) As I have only one child i may not need to in the future but who knows, right? I think that 3rd party would have to prove their worth first. I would NEVER intrust my crypto to a platform without them doing decent work for at least few years. Until then I will just make paper wallet and instruct my wife how to deal with what i left behind. I trust her! :-) ;-) You get an upvote and a follower, my friend! Check my content about crypto and maybe do the same...
Steem on!
You have a great point. Before entrusting them lets make sure they prove themselves as a trustable bunch with a couple of years of service. A paper wallet and teaching the lady would suffice to reduce cost and fear of trust. Though i woulsnt mind investing anlittle in their ico to see where it takes them.. Thanks for that and hey youve got mt follow as well! Hope you have s pleasant day ahead :)
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STOPThis is actually really interesting.