@inbook{cd5fa6080b2e4aa48b0bd5b425c456c2,
title = "Crypto-Wills: Transferring Digital Assets by Maintaining Wills on the Blockchain",
abstract = "Traditional methods of transferring assets post demise are tedious and problem-ridden. These methods do not account for the increasing variety of digital assets (including crypto-assets) present today. Hence, when a person dies, his/her tangible assets can be distributed according to his/her Will, or the prevailing legal framework. However, his/her digital assets are left inaccessible (due to their inherent security) and are, in turn, lost forever. In order to provide a reliable and secure way of transferring digital assets, we propose a system to execute Wills after the demise using blockchain. The proposed solution maps the assets using ERC-20 and ERC-721 tokens and enables the owner of the Will to deploy a smart contract mentioning his wishes. The contract is executed based on the defined consensus mechanism, and the assets are transferred to the beneficiaries.",
keywords = "Blockchain, Crypto-assets, Cyber security, Proof of Vote, Security tokens, Smart contract",
author = "Shah, {Jainam Chirag} and Mugdha Bhagwat and Dhiren Patel and Mauro Conti",
year = "2020",
doi = "10.1007/978-981-15-3325-9_31",
language = "English",
series = "Lecture Notes in Networks and Systems",
publisher = "Springer",
pages = "407--416",
booktitle = "Lecture Notes in Networks and Systems",
}