I want to bequeath my digital property in a safe means. I’m the only real custodian of my BitCoin. I want to launch or go custody conditionally, like upon demise. This has to occur in a safe means.
Clearly, I can go down my wallets’ seed phrases. The unclear half is how you can do it conditionally, as an example upon demise, concurrently doing it securely.
Preliminary ideas:
- Put the knowledge in a cloud password supervisor that enables for a digital inheritor. One instance is the Emergency Contact performance of Final Move.
- Retailer the knowledge in a deposit field, in a financial institution.
Each of those appear to realize the objectives. Any inheritance can be handed down upon demise. Additionally the knowledge is stored with some safety.
The Final Move State of affairs is shakier. Probably, the Emergency contact already must have your grasp password. It is simpler for Final Move to get hacked than for financial institution deposit field to be damaged into. Probably, LastPass won’t exist when I’m lifeless.
Each of those choices should not with out value.
Query:
What different choices exist for passing down info securely and conditionally, as an example upon demise? Has anybody deployed a sensible contract to this finish? How would this work?
N.B.
This query occurs to be about BitCoin however the essence is far more common. Please, let me know if I ought to transfer it to another StackExchange.