DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs
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 entity. The concept of cryptocurrency inheritance continues to rapidly evolve as the decentralized finance (DeFi) industry spawns more ways to make a “crypto will.”The Israeli crypto software provider Kirobo is moving to tackle a major void in the DeFi industry by providing crypto investors with an opportunity to pass private keys or transfer funds according to their last will.The firm announced on May 31 the launch of....
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Binance founder and Chief Executive Changpeng Zhao says the crypto world has an inheritance problem that’s yet to be solved, and argues that DeFi will not see mass adoption until it comes up with a solution. Crypto inheritance is certainly a major headache for anyone who possesses significant digital assets, but it’s not the insurmountable […]
Are crypto inheritance solutions a centralizing force? To some, yes, but to others, decentralized solutions are out there. Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance.An estimated 4 million Bitcoin (BTC) has been lost over time and now sits in inaccessible wallets. How many of those coins belong to HODLers who passed away without sharing access to their....
OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs. Global crypto exchange OKEx is ramping up its decentralized finance (DeFi) efforts with the introduction of the DeFi Hub, a decentralized digital asset ecosystem that includes a marketplace for nonfungible tokens (NFTs). According to a Sep. 2 announcement, the crypto spot and derivatives exchange launched its DeFi Hub with two initial tools, NFT Marketplace and DeFi Dashboard. The NFT Marketplace enables users to mint their own NFTs to sell with a royalty fee that is set....
Serenity Shield, a non-custodial crypto company launches to solve the inheritance issue across the cryptocurrency community. Serenity Shield is launching in a bid to provide users with a non-custodial private key inheritance and a blockchain wealth management system. Announced in April, the platform will “focus on very real issues of managing large sums of wealth […]
Inheritance Art is a platform that specializes in hyper-realistic, holographic art. Its foray into the NFT space was born out of the need for there to be more intricate and compelling art in the space. Presently, the artworks that dominate this space are modern art from artists who are all trying to recreate the current trend, thereby leading to the creation of similar and indifferentiable art. Other forms of art like fine art rarely make it to the forefront in a space like this. The NFT market is new and exciting and has no doubt grown a lot since its inception, but it still has a lot of....