A digital estate encompasses all digital assets and online accounts owned or controlled by an individual or entity. This includes cryptocurrencies, NFTs, social media accounts, intellectual property, and data stored digitally. Management of a digital estate involves planning for access, transfer, or deletion upon incapacitation or death. It represents a new frontier in asset planning.
Context
Discussions around digital estates are gaining prominence as digital assets accumulate significant value. News often covers legal challenges related to inheriting cryptocurrencies or accessing deceased individuals’ digital wallets. Establishing clear protocols for digital estate planning is a growing concern for both individuals and service providers in the crypto space.
Willchain introduces a decentralized protocol for digital estate planning, leveraging novel cryptographic primitives to ensure private, self-executing asset distribution without fund movement.
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