Digital Inheritance in Web3: A Case Study of Soulbound Tokens and the Social Recovery Pallet within the Polkadot and Kusama Ecosystems. (arXiv:2301.11074v1 [cs.CR])

In recent years discussions centered around digital inheritance have
increased among social media users and across blockchain ecosystems. As a
result digital assets such as social media content cryptocurrencies and
non-fungible tokens have become increasingly valuable and widespread, leading
to the need for clear and secure mechanisms for transferring these assets upon
the testators death or incapacitation. This study proposes a framework for
digital inheritance using soulbound tokens and the social recovery pallet as a
use case in the Polkadot …

assets blockchain case cryptocurrencies death digital digital assets discussions ecosystems media non non-fungible tokens polkadot recovery result social social media study tokens web3