Built on the Ethereum blockchain, Succession is a crypto wallet designed as a digital will, providing users with a secure and efficient way to protect their assets and preserve their legacy. This innovative platform solves the problem of asset abandonment and transfer difficulties upon death or incapacity by allowing users to designate beneficiaries for their crypto assets.
The key technical features of Succession include its use of smart contract technology to enable the designation of beneficiaries, as well as its decentralized application (DApp) that interacts with the blockchain to create a certificate of assets. This certificate can be transferred upon the death of the digital asset owner, ensuring a seamless and secure transfer process. The platform also leverages hybrid smart contracts to initiate functions on the blockchain, enabling the sequence of events.
Succession provides a range of use cases and utility for its users. As a digital will, it allows individuals to protect their assets and ensure that their loved ones or chosen beneficiaries inherit them upon their passing. This is particularly important in the context of crypto assets, which are often difficult to transfer due to the complexities of traditional estate planning methods. By using Succession, users can have peace of mind knowing that their assets will be transferred securely and efficiently.
The team behind Succession includes a group of experienced professionals with expertise in law, technology, and medicine. The co-founders, Noah Fontanez and Dr. Eric Martin, bring a unique combination of skills to the project, with Fontanez having over 25 years of military experience and Martin being a practicing physician with a background in biomedical sciences.
The Succession platform is currently being built, but it has already gained traction through its token sale on Uniswap. The SCCN token is a cryptocurrency generated by the Ethereum protocol, providing users with a secure and decentralized way to interact with the platform. With its innovative technology and experienced team, Succession is poised to become a leading solution for digital asset protection and transfer.
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