CAPITAL INHERITANCE SYSTEM AND METHOD FOR FACILITATING TRANSFER OF DIGITAL CRYPTOCURRENCY

摘要

Disclosed is a capital inheritance system, when in operation, facilitates a transfer of digital cryptocurrency from a first party to a second party. The system comprising a server arrangement, wherein the server arrangement receives from the first client device of the first party, details associated with the digital cryptocurrency, a validation condition, identification information related to the second party, adds a smart contract to a blockchain, wherein the smart contract comprises the validation condition and a validation indicator, activates a ledger clock for the smart contract, and enables the second party to retrieve the digital cryptocurrency, in response to an execution of the smart contract at a completion of a ledger clock cycle, wherein the execution of the smart contract is based on activation of the validation indicator.