Block Introduces Bitcoin Inheritance Feature for Bitkey Users
- Block has introduced a new Bitcoin inheritance feature for Bitkey users.
- This feature addresses a multibillion-dollar problem related to unclaimed digital assets.
- Bitkey owners can set a partner address for fund transfer after their death.
- The funds will be deposited to the designated address six months post owner’s death.
- Block is co-founded by Jack Dorsey, known for his involvement in Bitcoin initiatives.
Block’s new feature allows Bitkey owners to ensure their Bitcoin is transferred to a partner address six months after their death, tackling the issue of unclaimed digital assets.
Source (2.6)https://news.bitcoin.com/jack-dorseys-block-implements-bitcoin-inheritance-feature/?rand=52384