Cool Crypto Wills References. It can be distributed to your beneficiaries and ensure their financial wellbeing. Crypto wills and trusts the term cryptocurrency refers to digital currency that uses blockchain technology to create a decentralized, immutable, public ledger.
How cryptocurrency works for your beneficiaries in a will when you pass away, your executor will distribute property and assets to your named beneficiaries, per the. Cryptocurrency exists in an intriguing online world, partly because it was borne out of code cracking activities in world war ii. New solutions to these issues unique to the cryptocurrency space are becoming more prominent, such as writing one’s will onto the blockchain to be automatically executed via smart contracts.