Cryptocurrencies such as Bitcoin have been hot topics in the news lately. By relying on a decentralized blockchain to record and verify every transaction, these digital monies have the potential to completely revolutionize the way business is conducted. Virtual currencies are also creating brand new wealth for investors, making financial freedom a more attainable goal than it has ever been before.
One of the benefits of financial freedom is a valuable estate to distribute among the heirs you choose, but this can be challenging when discussing virtual assets. Most cryptocurrencies involve creating an account, called a wallet, that is protected by a private key, or password. Much like a banking password, account holders are encouraged to avoid sharing their private key with anyone. Yet if only one person knows the password and they pass away, what happens to their digital estate?
Traditional estate managing services have no satisfactory answer to this question, a situation that serial entrepreneur and social technologist Marie Antoinette Tichler found deeply troubling. She decided to take her decade plus of experience in mobile app development and digital marketing and found C2Legacy, the first blockchain-based estate management service.
What Is C2Legacy?
C2Legacy is a Digital Will platform that uses the power of blockchain to securely transfer ownership of digital assets to a policy holder's chosen heirs when they die. First, the company verifies that the original owner of the crypto in question has in fact died by locating a digital Death Certificate provided by the Federal Social Security Administration or another verified provider. In time, the company hopes to remove world governments from this process entirely so that no one country can influence the transfer of digital assets.
Once the death has been verified, the company's underlying blockchain triggers smart contracts set up by the original owner to transfer their crypto holdings in whatever manner they deemed fit. If the intended recipients already have cryptocurrency wallets, the funds may be transferred to them directly. If not, they may be transferred to previously empty wallets accessed through private keys known only by the intended heir(s).
If the intended heirs know nothing about blockchains or cryptocurrency wallets, C2Legacy offers services to help them access their new holdings. This makes the secure transfer of digital assets easier than it has ever been before!
Why Is This Better Than Giving My Private Key To My Heirs?
Sharing your private key is a security risk no matter how much you might trust your intended heir(s). Furthermore, heirs frequently squabble over the deceased's assets, potentially creating an unwanted conflict in an otherwise tight-knit family. The C2Legacy platform discreetly and securely executes your final wishes without generating any conflict between your heirs, helping to maintain a harmonious relationship among those close to you.
Why Is Marie Antoinette Tichler The Perfect Person To Lead C2 Legacy?
Tichler has a passion for making technology more accessible. Prior to founding C2Legacy, she started a non-profit called Growing Up Mobile to help youth in underserved communities learn how to use modern technology for fun and profit. This program has since been absorbed by one of the largest youth outreach programs in the world.
She also has a personal connection to C2Legacy's mission, as her son's father passed away unexpectedly while her son was accepting payment in Bitcoin for his services. This crystallized the need for C2Legacy in her mind, giving her the passion that drives every successful entrepreneur to succeed.
How Do I Learn More About C2 Legacy?
You may visit C2Legacy.io and follow the company on Twitter to learn more about the professional estate management services they offer. Protect your digital legacy today with C2Legacy!