The InDeFi SmartBank project envisages developing and rolling out a service that will confirm a client’s death and use that information to launch a mechanism for the inheritance of digital rights and assets.
According to the parties to the agreement, InDeFi SmartBank will take responsibility for developing smart contracts and launching inheritance procedures. This will help clients, in the event of their death, to transfer their digital assets to the beneficiaries specified by them. Renaissance Life, in turn, will be responsible for confirming the client’s death.
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