Future Developments

In the future, we plan to provide other rules, such as for example, creating a new rule instead of proof of life for the Dapp that leverages Decentralized Identities and death certificates to validate the process of claiming assets.

This kind of crypto recovery / crypto inheritance solution is needed by every blockchain, a limitation that is faced not only on Cardano but on every blockchain. The problem is so big that several different blockchains that are competing with each other for the same user base, actually formed the DeRec Alliance, a non-profit organization created with the sole purpose of creating a decentralized solution for users to be able to recover seed phrase in case they lose access to their wallets. With our Smart contracts and our solution, we are actually solving this problem on-chain and without the need to use intermediaries or trust others. Considering the huge need and the value of this solution, we believe there is a giant opportunity to make a similar solution available in other blockchains, and as such we intend to expand this solution to be compatible with as many different blockchains as possible