Binance founder Changpeng Zhao suggested that crypto platforms implement a mechanism for distributing digital assets in the event of a user's death.
People should be able to specify in advance who will receive their funds and in what shares.
"This is a topic that is usually avoided, but the fact remains — people do not live forever.
Every platform should include a bequest function so that assets can be transferred to designated recipients in specified proportions.
The comment was prompted by Binance's update on June 12, which introduced the emergency contact and inheritance feature.
The user can specify a trusted person who will receive a notification after prolonged inactivity and will be able to apply for access to the assets.
A discussion unfolded under Zhao's post. One of the subscribers called the feature 'really well thought out', noting that over $1 billion worth of assets remain unclaimed in the crypto industry every year.
Other participants emphasized that in the Web3 space, it is important to consider the possibility of transferring not only tokens but also digital legacies — accounts, content, and influence in the community.