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UBD Network Launches DeTrust Wallet for Decentralized Crypto Inheritance

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#DeFi
Cointelegragh
569Words
Sep 2, 2024

UBD Network has launched DeTrust Wallet, a new Web3 wallet designed to facilitate decentralized cryptocurrency inheritance. This multi-signature wallet allows for complex inheritance plans, including delayed asset transfers and designated spending funds. CEO Ruslan Tugushev emphasized the efficiency and cost-effectiveness of decentralized trusts, which can significantly reduce the expenses associated with traditional inheritance solutions. A survey by Penguin Analytics revealed that 48% of high-net-worth families are concerned about the transfer of their wealth. DeTrust Wallet also supports the creation of specific inheritance funds for purposes like education, as explained by Nik Zhukov, business assistant to the CEO.

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