[Singapore, June 1, 2023] - Today, I am thrilled to announce a groundbreaking solution for the rapidly growing world of cryptocurrency - dWill. As the COO of dWill, I understand the paramount importance of robust security measures in this ever-evolving landscape. With billions of dollars at stake and the increasing risk of losing funds due to various factors, such as lost access to wallets or unforeseen circumstances like death, the need for a reliable and secure solution has never been more critical. **
Recent statistics reveal a shocking truth: the cumulative amount of lost or inaccessible cryptocurrency assets has surpassed $140 billion. This staggering figure highlights the urgency to address the challenges faced by crypto users worldwide. Furthermore, the number of cryptocurrency wallets is growing at an astounding rate of 31.3% per year, emphasizing the need for innovative solutions to safeguard digital wealth.
At dWill, our mission is to empower individuals with peace of mind by providing a comprehensive solution for secure asset inheritance. We understand that many crypto users worry about the fate of their assets if they were to lose access to their wallets or encounter unexpected circumstances. With dWill, users can designate trusted wallets, ensuring their funds are automatically and securely transferred in such situations. Our pioneering technology guarantees the protection and inheritance of hard-earned assets, relieving concerns about the future of crypto-assets.
One of the key benefits of dWill is its longevity and reliability. Thanks to smart contracts, dWill will continue to function in any case and for an extended period, be it 10 or 100 years. Even if the dWill service were to cease to exist in the future, the smart contracts embedded in the blockchain will operate autonomously. This ensures that the designated asset transfers and inheritance will be executed seamlessly and securely, regardless of the longevity of the dWill service itself. We provide our users with the assurance that their assets are safeguarded and their instructions will be carried out faithfully over time.
Our commitment to addressing risks extends to protecting against wallet inactivity. Abandoned wallets and the loss of access pose significant threats in the crypto space. To combat this, dWill implements an inactive wallet protection mechanism. If a user's wallet remains inactive for a specified period, dWill will securely transfer the funds to a trusted wallet controlled by the user or their designated family member. This proactive measure prevents assets from being left vulnerable and provides a safety net for users who may inadvertently lose access to their wallets.
At dWill, we pride ourselves on being a decentralized and trustworthy solution. We eliminate reliance on centralized intermediaries, reducing the associated risks. Through the use of smart contract technology, dWill executes transactions and asset transfers transparently, without the need for third-party involvement. This decentralized approach ensures the security and protection of our users' crypto assets, mitigating potential vulnerabilities linked to centralization.
User privacy and security are at the core of dWill's values. We have designed our platform to ensure that neither the dWill team nor any other party has access to users' secured funds. Utilizing smart contracts, dWill guarantees that only the designated beneficiaries have access to the inherited assets. This impenetrable barrier provides users with unparalleled peace of mind, knowing that their funds are safe and shielded from unauthorized access or misuse.
Transparency and accountability are paramount to us at dWill. We maintain a high level of transparency by allowing external audits of our protocol's algorithms. This open approach enables users to independently verify the integrity and security of our system, fostering trust and confidence. By providing an auditable system, dWill empowers users to securely manage and transfer their crypto-assets, strengthening their faith in our service.
As the cryptocurrency market continues to expand at an exponential rate, the need for robust security measures becomes increasingly crucial. With the significant amount of money at stake and the rapid growth of cryptocurrency wallets, protecting these assets is of utmost importance. dWill stands ready to meet this challenge, offering a comprehensive solution for secure asset inheritance, protection against inactivity, decentralized and trustworthy operations, user fund privacy, and transparency through external audits. With dWill, users can confidently protect their crypto-assets and ensure the continuity and security of their digital wealth.
I invite you to join us on this revolutionary journey as we redefine the future of cryptocurrency security and inheritance.