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Bitcoin Inheritance Revolutionized by Block

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
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