Framework for a crypto-will platform that can smoothen the process of writing a Will

Writing a will, even in the modern world, faces many taboos. To add to that, writing of a will can get intimidating and tedious as it not only involves many laws and regulations but also costs money and time. This study proposes the application of blockchain technology along with smart contracts and cryptography to create secure online crypto-wills on an app. The study also provides an architecture for making crypto wills on the blockchain network. The creation of a blockchain can encrypt the will, making it impossible to tamper with, and also eliminating the chances of losing a will. This technology uses consensus algorithms to confirm consistency and records transaction details in blocks to ensure the efficacy of the transactions being recorded. The proposed blockchain architecture focuses on authenticity, effectiveness, and cost reduction. Asset registry of the users along with their wills are saved in blocks, which provide complete security and are tamper-proof. In addition to this, a smart contract enables the disbursement of the will at the right time with the capability of direct disbursements of assets in the future. This mechanism guarantees the integrity of data, unforgeability, irreversibility of information, the ability to resist counterfeiting attacks, nonrepudiation, and public verifiability. To add to that, blockchain can provide better evidence of the intent of the testator which is a major cause of contesting wills in courts today.

Authors

Publication Details

Journal
Journal of Statistics and Management Systems
Published
2025-01-01
DOI
https://doi.org/10.47974/jsms-1410
Primary Topic
Advanced Malware Detection Techniques
Type
article
Field-Weighted Citation Impact
0.00
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article

Framework for a crypto-will platform that can smoothen the process of writing a Will

Gaurav Nagpal, Kamal Deep Garg, M. Chawla, Ankita Nagpal
Journal of Statistics and Management Systems
Advanced Malware Detection Techniques
article

Framework for a crypto-will platform that can smoothen the process of writing a Will

Gaurav Nagpal, Kamal Deep Garg, M. Chawla, Ankita Nagpal
article en

Abstract

Writing a will, even in the modern world, faces many taboos. To add to that, writing of a will can get intimidating and tedious as it not only involves many laws and regulations but also costs money and time. This study proposes the application of blockchain technology along with smart contracts and cryptography to create secure online crypto-wills on an app. The study also provides an architecture for making crypto wills on the blockchain network. The creation of a blockchain can encrypt the will, making it impossible to tamper with, and also eliminating the chances of losing a will. This technology uses consensus algorithms to confirm consistency and records transaction details in blocks to ensure the efficacy of the transactions being recorded. The proposed blockchain architecture focuses on authenticity, effectiveness, and cost reduction. Asset registry of the users along with their wills are saved in blocks, which provide complete security and are tamper-proof. In addition to this, a smart contract enables the disbursement of the will at the right time with the capability of direct disbursements of assets in the future. This mechanism guarantees the integrity of data, unforgeability, irreversibility of information, the ability to resist counterfeiting attacks, nonrepudiation, and public verifiability. To add to that, blockchain can provide better evidence of the intent of the testator which is a major cause of contesting wills in courts today.

Journal of Statistics and Management SystemsVol. 28(3)
Openalex Percentile: Top 92%
Advanced Malware Detection Techniques
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Framework for a crypto-will platform that can smoothen the process of writing a Will — Gaurav Nagpal, Kamal Deep Garg, et al. · Journal of Statistics and Management Systems (2025) | TGRS Research Map | TGRS