9/3/2024
Decentralized Cryptocurrency Heritage: the New DeTrust Wallet
Coingarage Exchange
Decentralized Cryptocurrency Heritage: the New DeTrust Wallet
UBD Network has introduced the DeTrust Wallet, an innovative Web3 wallet that enables decentralized inheritance of cryptocurrencies. This multi-signature wallet offers sophisticated features including inheritance planning and designated spending pools.
CEO of UBD Network, Ruslan Tugushev, highlighted that the DeTrust Wallet allows users to manage cryptocurrency inheritance directly in the wallet interface.
The move is particularly important, as shown by a Penguin Analytics survey that found 48% of family equity company founders worried about how their families will handle assets after they pass away.
DeTrust implements automated transactions that restore assets to a predetermined backup wallet after a period of inactivity, significantly reducing the risk of loss.
Tugushev pointed out that the cost of a traditional trust can exceed $50,000, making cryptocurrency inheritance solutions much more affordable and attractive to users.
These features may make DeTrust Wallet a key tool for crypto inheritance.