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Vault12 to participate in Congressional Meeting on Thursday, March 4, to brief Rep. Tom Emmer (R-MN)

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    Vault12 to participate in Congressional Meeting on Thursday, March 4, to brief Rep. Tom Emmer (R-MN)

    Chamber of Digital Commerce

    Congressman Emmer is a strong supporter of the Crypto industry and serves as a Co-chair of the Congressional Blockchain Caucus. In the previous Congress, he also served as Ranking Member of the House Financial Services FinTech Task Force.

    - He has introduced several bills to increase regulatory clarity for the blockchain industry in the United States, including the Securities Clarity Act, which distinguishes between securities and investment contract assets; Blockchain Regulatory Certainty Act, exempting developers and service providers who do not control customer funds from money transmitting licensing requirements; and the Safe Harbor for Forked Assets Act to establish a safe harbor from IRS penalties for taxpayers who have received forked assets.

    - Congressman Emmer has also written letters to the SEC, IRS, Treasury, and the Trump Administration's Cabinet to promote regulatory clarity for and the adoption and use of digital assets.

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    Vault12 to participate in Congressional Meeting on Thursday, March 4, to brief Rep. Tom Emmer (R-MN)

    Chamber of Digital Commerce

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    Wasim Ahmad

    Wasim is a serial entrepreneur and an advisor in the fields of AI, blockchain, cryptocurrency, and encryption solutions. At Vault12, he led the private and public fundraising efforts and focuses today on expanding the Vault12 ecosystem. His crypto experience began with AlphaPoint, where he worked with the founding team to launch the world's first crypto trading exchanges. Previously he was a founding member of Voltage Security, a spinout from Stanford University, that launched Identity-Based Encryption (IBE), a breakthrough in Public Key Cryptography, and pioneered the use of sophisticated data encryption to protect sensitive data across the world's payment systems. Wasim serves on the board of non-profit, StartOut, and is a Seedcamp and WeWork Labs global mentor.

    Wasim graduated with a Bachelor of Science in Physics and French from the University of Sussex.

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    Backup and Inheritance for Bitcoin

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    You will lose your Bitcoin and other crypto when you die...

    You will lose your Bitcoin and other crypto when you die...

    ...unless you set up Crypto Inheritance Management today.

    It's simple—if you don't worry about it, nobody else will—not your software or hardware wallets vendors, not your exchanges, not your wealth managers. So you have to think about how to protect the generational wealth you have created and reduce the risks around passing that wealth on to your family and heirs. What are the challenges with crypto inheritance?

    • Crypto Wallets are difficult to use and do not offer crypto inheritance management. In fact, most of them tell you to write down your seed phrase on a piece of paper which is practically useless.
    • Some people back up their wallet seed phrases or private keys on paper, local devices like hardware wallets or USBs, or in the cloud - all of these options have severe drawbacks from hacking, to accidental loss, to loss of cloud services. No one wants that to happen to their crypto generational wealth.
    • Software wallets operate on specific blockchains, yet your crypto assets span multiple blockchains, for inheritance to work, you must be able to manage inheritance across every blockchain - now and forever.
    Vault12 is the pioneer in crypto inheritance management, watch our explainer video or Inheritance demo today.

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    Crypto Inheritance Management: Get ready today

    Vault12 is the pioneer in Crypto Inheritance Management that delivering an easy-to-use and secure method for assigning a legacy contact to your crypto wallets. This enables you to pass on your wallet seed phrases and private keys — including Bitcoin (BTC), Ethereum (ETH) — to future generations. Designed for everyday people, and strong enough for Crypto OGs.

    This innovative, decentralized system enables users to appoint a person or mobile device as Guardian. The designated guardian is entrusted to protect the user's comprehensive collection of wallet seed phrases and private keys, safely stored within a decentralized digital Vault. No information is stored on cloud servers, or Vault12 servers and nothing is stored on local devices making it less of a target.

    The Decentralized approach reduces points of failure and removes the necessity for regularly revising wallet inventories or modifying instructions for your lawyers, often leading to privacy breaches. It is the best way to preserve crypto generational wealth.

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    Screenshot of Vault12 Guard app - Adding data into the Vault

    Take the first step and back up your crypto wallets.

    Designed to be used alongside traditional hardware and software crypto wallets, Vault12 Guard helps cryptocurrency owners back up their wallet seed phrases and private keys (assets) without storing anything in the cloud or any single location. This increases protection and decreases the risks of loss. Making sure you have an up to date back up is the first step in crypto inheritance management.

    The Vault12 Guard app enables secure decentralized backups and provides inheritance for all your seed phrases and private keys across any blockchain, including Bitcoin, Ethereum, ERC-20, and other crypto wallets.

    Note: For anyone unfamiliar with cryptocurrencies, Vault12 refers to wallet seed phrases and private keys as assets, crypto assets, and digital assets. The Vault12 Guard app includes a software wallet that works alongside your digital Vault. The primary purpose of this is to guard your Bitcoin (BTC) or Ethereum (ETH) wallet seed phrases, private keys, and other essential data, now and for future generations.

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    Add a legacy contact for your crypto.
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