WILL – Crypto Assets

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Crypto assets are stored and held in wallets, cloud applications or some secure devices. They are then handled through online platforms like an exchange or through an escrow service or custodians or sometimes passed on to a third party (like lawyers or agencies) to handle the process. Some of the investors hold them secretly and manage the crypto assets personally without anyone knowing.

The problem is, uncertainty remains on the faith of this crypto asset when the owner passes away. The processes are not clear, and they are not defined on the blockchain. Your crypto assets can be lost in the abyss, remain in the cloud or taken by the exchange or the government after you die.

The simple fact is, these assets can be passed on to your loved ones and it can be inherited legally by just simply writing a Crypto WILL on octowill system and hedge it onto blockchain. The process is safe and secure, the Crypto WILL can be the key to safely and securely transfer your assets via blockchain to your appointed beneficiary.

You are not required to reveal your private keys and passwords in order to activate this process. Your Crypto WILL document will be the legal document executable upon your demise. You just simply write a Crypto WILL with octowill, give clear instructions, set up the process, sit back and relax knowing that your crypto asset will be securely handled via a legal, secure, transparent and immutable process using blockchain, public cryptography, asymmetric decryption, smart contracts and multi-signature.