Inheritance wallet

MNYD WALLET

Joint Ownership

Myend provides the option to assign joint ownership within the Myend account. With the use of identity verification technology Myend will establish the legitimate online identity of both user and Trustees, accessing the Myend services. Trustees will only gain access when verification is approved between both parties.

Seamless Transition of Assets

When appointing a Trustee or Beneficiary, they are verified and approved to obtain access to the users assets when the time comes. If verification from the approved user cannot be attained, access and operation will not be possible. Myend crypto inheritance provides easy transfer of assets to family members and designated people. Myend users can set up their wallets with specified conditions. When “End-of-life” is verified, multiple approved users (Trustees), such as family members, loved ones, or a Notary, can access the wallet on behalf of the principal owner.

Crypto Inheritance wallet

Joint ownership provides the needed access to (external) Crypto wallets when someone passes away. A person can have multiple (hidden) wallets during their lifetime, and with joint access after-death, the potential loss of assets is being prevented.

With the use of smart contracts these funds could automatically be transferred into any (anonymous) crypto deposit wallet when the e-will is being activated. Smart contracts are settled automatically when predetermined conditions are met. Local laws and tax-regulations may be applicable with the transfer of funds.

Convert fiat to MYND

Exchanging fiat currency for MYND to earn rewards when staking for a period of time as a passive income generation?

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