There is a need to more easily handle a contract upon a user’s death. Probate, even as an only child: can be difficult. In the U.S.: an estate can be held up for years, and there are plenty of stories where someone with millions of crypto passed without their family to take it over.
I would think then there would be a need to take public records, like death certificates, and place them on a blockchain to where these then can also be used to trigger an event in a contract that could then shift ownership to a beneficiary. There would need to be dapps that could take data from the CDC for the U.S. and other available public records and place them onto a chain, and then support code for handling the events, and should be done open source but with dedicated support to ensure the project’s longevity.
Anyone have any thoughts on this? Privacy is an obvious concern, as well as needing to correlate data from enough sources to actually confirm someone’s death, or other data that is of public record. I would certainly love to be part of this development team!