by Lalithaa

The complexity of the human being surprises us over time, so much so that users of cryptocurrencies, whether as a method of future investment, monthly income, or simply as a retirement fund, or even their gains of bitcoin investment are considering the possibility of inheriting their digital assets.

A proposal merges a digital financial market that is not regulated by any law with the laws and civil codes of the various countries where the use of cryptocurrencies is relevant.

The cases of loss of digital wallets or keys are usually the fear of many when investing in cryptocurrencies. Still, the fact is transferred to the assumption that people with significant amounts of saved digital currencies can inherit their descendants.

If I die, what happens to my crypto assets?

In the last two years, cryptocurrencies have captured the attention and interest of many, which has contributed to the increase in the market capitalization of many of these financial instruments, including NFTs.

The most exciting thing is when we realize that many people have managed to increase their capital after constant investments in crypto assets; this is where more than one user clings to the care of their digital currencies.

Currently, the various ways in which it could be inherited in the Bitcoin era are being evaluated; a new digital financial model that could guarantee the economic comfort of a family if the owner of the digital assets dies.

A group of investors and legal specialists with a cryptographic vision want to establish specific regulations that could apply to holders of digital assets, where their heirs could benefit post-mortem.

This type of asset makes it complex to transfer the units held as funds or capital generationally since they are stored in the Blockchain. Therefore, the only way to do transactions is through public and private keys.

These keys, in addition to being considered in comparison to the traditional financial market as the bank account number, their main characteristic is that they have a considerable length and are the only ones that unlock digital currencies to be able to make transfers.

They are also unrecoverable, so if they are not protected, the people who could inherit them will never be able to withdraw these digital assets.

As long as the Blockchain exists, the cryptocurrencies will remain stored regardless of whether the user or owner is alive or deceased.

Transmission of digital wealth to future generations

The ecosystem of decentralized finance is constantly evolving, making the satisfaction of the natural needs of the human being in terms of financial and future aspects increasingly evident.

In the constant search to satisfy these needs, the Israeli cryptographic software company Kirobo is developing an innovative concept regarding the transmission of funds that in some way grant wealth to its users. Therefore, once they die, they pass to their heirs.

The question is how this procedure could occur for them; the fundamental idea is based on creating a previous contract where at the time of death, the owner of the digital currencies transfers the funds to a private key according to his will.

This option could be considered to be the way to automate wills, where lawyers, government institutions, and centralized entities would not have any intervention.

The idea is to maintain the decentralized characteristic of the Blockchain and cryptocurrencies, where the transmission of value can be done without the need to use an intermediary.

Most users who maintain Bitcoin units tend to fear the future of their cryptocurrencies since the loss of the keys could represent the loss of their savings for many years, which is why these types of options are usually quite interesting.

The Exchange as Custodian

Another opportunity that arises in the financial market and in which the protagonist is the Exchange and its reputation since the possibility is being considered that these, as they are decentralized entities, could issue a kind of voucher or proof of units stored at the date of user death.

It is maintaining this balance as any balance of a bank account. Therefore, if you withdraw from them, you would only need the access code and comply with the security levels that it possesses to carry out any transaction.

The aspect that could be considered detrimental to this option is that many exchange platforms target many hackers since it is up to the user what they want to do with their digital currencies.


The topic of crypto inheritances shows how far the digital financial market and cryptocurrencies have come, showing that it is not just a fad but a new way of investing.

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