The Evolution Of The Digital Inheritance: Legal, Technical, And Practical Dimensions Of Cryptocurrency Transfer Through Succession In French-Inspired Legal Systems

• URL: http://arxiv.org/abs/2410.22907v1
• Date: Wed, 30 Oct 2024 11:05:31 GMT
• Title: The Evolution Of The Digital Inheritance: Legal, Technical, And Practical Dimensions Of Cryptocurrency Transfer Through Succession In French-Inspired Legal Systems
• Authors: Cristina Carata, Ana-Luisa Chelaru,
• Abstract summary: The paper analyses the mechanisms of cryptocurrencies, analysing from a technical point of view aspects related to blockchain technology, virtual wallets or cryptographic keys. The study also examines the legal aspects related to cryptocurrencies, with an emphasis on the diversity of their status in different global jurisdictions. The case studies present tangible examples related to successions with cryptocurrencies as the main object, thus completing the exposition related to the main challenges faced by the heirs in the transfer process.
• Score: 0.0
• License:
• Abstract: In recent years, cryptocurrencies have enjoyed increased popularity in all domains. Thus, in this context, it is important to understand how these digital assets can be transmitted, both legally and efficiently, in the event of the death of their owner. The present paper analyses the mechanisms of cryptocurrencies, analysing from a technical point of view aspects related to blockchain technology, virtual wallets or cryptographic keys, as well as various types of operations regarding this type of virtual currencies. The study also examines the legal aspects related to cryptocurrencies, with an emphasis on the diversity of their status in different global jurisdictions as well as the impact on inheritance planning. The case studies present tangible examples related to successions with cryptocurrencies as the main object, thus completing the exposition related to the main challenges faced by the heirs in the transfer process. In this way, this paper offers possible solutions and recommendations related to inheritance planning with cryptocurrencies as its main object, including the legal and fiscal aspects that must be taken into account when planning a digital succession.

Related papers

• IT Strategic alignment in the decentralized finance (DeFi): CBDC and digital currencies [49.1574468325115]
  Decentralized finance (DeFi) is a disruptive-based financial infrastructure. This paper seeks to answer two main questions 1) What are the common IT elements in the DeFi? And 2) How the elements to the IT strategic alignment in DeFi?
  arXiv  Detail & Related papers  (2024-05-17T10:19:20Z)
• Blockchains for Internet of Things: Fundamentals, Applications, and Challenges [38.29453164670072]
  Not every blockchain system is suitable for specific IoT applications. Public blockchains are not suitable for storing sensitive data. We explore the blockchain's application in three pivotal IoT areas: edge AI, communications, and healthcare.
  arXiv  Detail & Related papers  (2024-05-08T04:25:57Z)
• Tax Policy Handbook for Crypto Assets [0.0]
  Rise of Bitcoin and other crypto assets mark a fundamental change in the way people transact and transmit value over a decentralized network, spread across geographies. This has created regulatory and tax policy blind spots, as governments and tax administrations take time to understand and provide policy responses to this innovative, revolutionary, and fast-paced technology. This paper tries to explain the principles on which crypto assets function, their underlying technology and relates them to the tax issues and taxable events which arise within this ecosystem.
  arXiv  Detail & Related papers  (2024-03-22T09:54:18Z)
• Interplay between Cryptocurrency Transactions and Online Financial Forums [41.94295877935867]
  This study focuses on the study of the interplay between these cryptocurrency forums and fluctuations in cryptocurrency values. It shows that the activity of Bitcointalk forum keeps a direct relationship with the trend in the values of BTC. The experiment highlights that forum data can explain specific events in the financial field.
  arXiv  Detail & Related papers  (2023-11-27T16:25:28Z)
• The Property Law of Crypto Tokens [0.0]
  This article aims to illuminate the legal status of crypto-assets in the context of property rights within the distributed economy. The article presents illustrative examples from common law (United States, United Kingdom, New Zealand) and civil law (Germany, Austria, Poland) systems. It advocates a comprehensive framework safeguarding digital property - data ownership - extending beyond the confines of Web3.
  arXiv  Detail & Related papers  (2023-11-02T17:59:51Z)
• The Rise and Fall of Cryptocurrencies: Defining the Economic and Social Values of Blockchain Technologies, assessing the Opportunities, and defining the Financial and Cybersecurity Risks of the Metaverse [1.3597551064547502]
  The study examines blockchain technologies and their pivotal role in the evolving Metaverse. It sheds light on topics such as how to invest in cryptocurrency, the mechanics behind crypto mining, and strategies to effectively buy and trade cryptocurrencies. It critically assesses whether developed or developing nations are poised to reap greater benefits from these technologies.
  arXiv  Detail & Related papers  (2023-08-09T06:07:41Z)
• Argumentation Schemes for Blockchain Deanonymization [3.184882058033374]
  We develop argumentation schemes to legal reasoning about cryptocurrency deanonymisation. We demonstrate the applicability of the resulting schemes through an exemplary real-world case. Ultimately, we envision that using our schemes in legal practice can solidify the evidential value of blockchain investigations.
  arXiv  Detail & Related papers  (2023-05-26T12:37:55Z)
• Demonstration of quantum-digital payments [36.136619420474766]
  We show how quantum light can secure daily digital payments by generating inherently unforgeable quantum cryptograms. Unlike previously proposed protocols, our solution does not depend on long-term quantum storage or trusted agents and authenticated channels. It is practical with near-term technology and may herald an era of quantum-enabled security.
  arXiv  Detail & Related papers  (2023-05-23T20:20:14Z)
• Knowledge Discovery in Cryptocurrency Transactions: A Survey [1.2744523252873352]
  This article analyzes and summarizes the existing research on knowledge discovery in the cryptocurrency transactions using data mining techniques. For each aspect, we present the problems, summarize the methodologies, and discuss major findings in the literature. An enumeration of transaction data parsing and visualization tools and services is also provided.
  arXiv  Detail & Related papers  (2020-10-02T14:38:08Z)
• Efficiency in Digital Economies -- A Primer on Tokenomics [55.41644538483948]
  cryptographic tokens are a new digital paradigm that can facilitate the establishment of economic incentives in digital ecoystems. We show how certain principles and values that arise from the evolutionary process of digital cooperation can lead to a market economy characterized by economic efficiency of both individuals and the tokenized ecosystem as a whole.
  arXiv  Detail & Related papers  (2020-08-06T09:31:56Z)
• Pump and Dumps in the Bitcoin Era: Real Time Detection of Cryptocurrency Market Manipulations [50.521292491613224]
  We perform an in-depth analysis of pump and dump schemes organized by communities over the Internet. We observe how these communities are organized and how they carry out the fraud. We introduce an approach to detect the fraud in real time that outperforms the current state of the art.
  arXiv  Detail & Related papers  (2020-05-04T21:36:18Z)

This list is automatically generated from the titles and abstracts of the papers in this site.

This site does not guarantee the quality of this site (including all information) and is not responsible for any consequences.