Bifrost

Bifrost addressed the critical challenge of digital asset inheritance. The company developed smart contracts designed to automate the transfer of cryptocurrency assets upon the occurrence of end-of-life events. Recognizing that self-custody of crypto keys can lead to permanent loss of funds in unforeseen circumstances, Bifrost aimed to provide a secure, on-chain "dead man's switch." This mechanism would enable designated beneficiaries to seamlessly claim cryptocurrency holdings, ensuring that digital wealth is transferred according to the owner's wishes, even in the event of incapacitation or death. However, the company is now inactive.