DeFi Intends to Decentralize Crypto and NFT Inheritance

Kirobo, an Israeli crypto software company, is attempting to fill a massive gap in the DeFi market by allowing crypto investors to hand over private keys or transfer funds according to their last will. DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs https://t.co/EGeguroDqu News Kirobo’s new inheritance solution allows users to generate and execute an automated last will without the need for lawyers, government authorities, or any other centralized ent… pic.twitter.com/v0Pkem4dc1 — MCL-Token (@mcl_token) June 1, 2022 On May 31, the company announced the launch of an inheritance function for Liquid Vault, a decentralized crypto wallet that allows users to designate crypto wallets to inherit their funds. The innovative system eliminates the need for lawyers, government agencies, or any other centralized organization to create and execute an automated last will. Users only need to choose up to eight beneficiaries and date to distribute the assets to the chosen wallets. Liquid Vault’s New Inheritance Liquid Vault’s new inheritance method, akin to the wallet’s backup feature, is built on Kirobo’s unique “future conditional transactions” technology. The tool allows users to create future transactions or obtain a secondary access point to crypto based on certain parameters. The Liquid Vault wallet supports Ether (ETH) and all ERC-20 tokens, including the Ethereum-based version of Bitcoin (BTC), Wrapped Bitcoin (...