Innovation That Matters

Unlocking online assets in event of death

Work & Lifestyle

Ever since the internet became an integral part of daily life, we’ve become accustomed to securing a wide range of online identities with usernames and passwords. But what happens when someone passes away, leaving their family and business associates unable to access their email, online photos, financial accounts and other online assets? It’s a problem that San Francisco-based startup Legacy Locker aims to solve. Legacy Locker lets people store details for every online account they use, from Gmail and Facebook to eBay and PayPal. They can assign different digital assets to different beneficiaries, who are entrusted with access details in the event of the customer’s death or disability. Users can also prepare letters for the loved ones to whom they’ve entrusted their accounts. Legacy Locker, which launched last week, uses a multi-step verification process to ensure that the digital assets are as secure as a real safety deposit box. (Related: A virtual vault for information-age valuables.) Spotted by: May Almero-Cruz



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