DeTrust, the innovative Web3 wallet introduced by UBD Network to facilitate inheritance in the world of cryptocurrencies.
With the continued evolution of the cryptocurrency ecosystem, the need for solutions that address the current challenges in the management and inheritance of these digital assets has become increasingly present. Therefore, UBD Network, a next-generation multisig platform, has presented an innovative solution that addresses everything from management and administration to the succession of cryptocurrency funds.
The new solution, called DeTrust, is a Web3 wallet that not only makes cryptocurrency management easier but also introduces a decentralized inheritance system. According to UBD Network, this innovation promises to transform the way users preserve and pass on their digital wealth to heirs and future generations.
DeTrust integrates legacy capabilities for cryptocurrencies
DeTrust is presented as a powerful tool for the creation of digital trusts. Through smart contracts, Web3 wallet users can set specific conditions for the transfer of assets to their heirs, ensuring that their funds are accessible even in adverse circumstances, such as the loss of private keys or unexpected life events.
According to Ruslan Tugushev, CEO of UBD Network, DeTrust introduces decentralized trusts able to provide an effective, secure and hassle-free method for cryptocurrency inheritance and succession. All this, at a much lower cost than traditional solutions and trusts, Tugushev noted.
The new Web3 wallet introduces functionality that allows users to set up an inheritance fund, which can be activated after a period of inactivity, minimizing the risk of permanent loss of digital assets.
In addition to the succession functionality, DeTrust also integrates a number of attractive features that allow users to automate asset management and administration, and perform staking without the need to lock or transfer digital assets.
Decentralization and accessibility
DeTrust is built on a multi-signature protocol, which adds an extra layer of security to transactions. Users can create detailed inheritance plans that include specific scenarios for asset distribution, ensuring their wealth is managed according to their requirements and in the way they want. This decentralized approach eliminates the need for middlemen, allowing users to be their own asset managers.
On the other hand, with the integration of staking features, DeTrust not only protects assets but also allows users to generate additional returns while maintaining custody. This makes DeTrust a comprehensive solution that combines security and accessibility along with financial growth opportunities.
The importance of DeTrust in the succession of cryptoassets
As noted by the company, the launch of DeTrust comes at a time when the need for solutions that ensure the security and continuity of digital asset holdings has become imperative. The ability of this Web3 wallet to create digital trusts that operate without the intervention of third parties represents a significant advancement in the way cryptocurrencies are managed and transferred.
DeTrust’s value proposition is strengthened by the fact that traditional methods of estate planning are often costly and complicated. With DeTrust, users can implement their own inheritance contracts quickly and easily.
Therefore, the introduction DeTrust’s adoption by UBD Network not only represents a technological innovation, but also addresses a growing need in the cryptocurrency world. This new wallet has the potential to democratize access to estate planning in the digital realm, and allow more people to protect their legacy.
