In order to solve the worldwide issue of lost savings accounts, insurance plans, internet brokerage accounts, coins, and digital wallets, the DGLegacy digital and financial asset security program expands the digital ownership service with a password manager.
The main explanation for the issue is that their members of the family are either not aware of their existing properties or do not know how to find and track them in the case of an unexpected incident that happens to consumers. As a consequence, after their proprietors eventually die, customers’ assets remain uncollected in health insurers, financial institutions, digital currency wallets, and asset management companies, rather than achieving the legitimate recipients.
Many of the present password managers and online secure vaults fix the issue by monitoring and storing their users’ passwords and digital properties, but sharing with loved ones runs the possibility of missing or losing login information over time.
The automated ownership service of DGLegacy guarantees that individuals appointed as heirs will be proactively aware about the user’s properties in the event of an unexpected event occurring to the consumer and will be able to recognize and find them.
The key enabler of DGLegacy’s automated inheritance technology is the capacity to identify unexpected incidents, either by authentication by email and phone or by interaction with commonly accessed social networking sites, where behavior is detected.
This helps people not only to organise and monitor their passwords and digital and financial belongings, but also to promise that when something occurs to them, their family members are expected to recognise and find them.
“We want to build a world where people’s money will go to their families, instead of staying in abandoned bank accounts, insurance companies, digital wallets, and online trading platforms.“, described by Peter Minev.
He also continued saying that, “Behind the statistics for the billions of unclaimed dollars, there are very emotional and traumatic personal stories, which we hear every day as part of our job. We are determined to change that reality.“
At the present, this service is usable all around the world.
