The interview was conducted at Bitcoin 2026 in Las Vegas.
The iOS code includes a free one-year subscription, after which it reverts to the standard price of the Inheritance plan. iOS codes are available on the Apple App Store.
Android Code is available for a free 90-day subscription, after which it reverts to the standard price of the Inheritance plan. An Android code is used when you select and pay for your inheritance plan in the app.
transcript
J Chain:
We’re here in Las Vegas and I’m standing next to Wasim. From what I understand, Wasim is interested in Bitcoin inheritance, succession planning, etc. Talk to me.
Wasim Ahmad:
My name is Wasim Ahmad. I run a startup called Vault12 and am a pioneer in cryptocurrency inheritance. We started 10 years ago. And my CEO was at Andreessen Horowitz. He was part of the blockchain team. He helped with Coinbase’s funding round. And he realized that once Coinbase became successful, there would be consumers all over buying Bitcoin. At that time, Bitcoin was the only thing that existed. And they will be responsible for the security of your cryptocurrency assets. And they’re going to have to jump around and do all kinds of things that we’ve done for us in traditional finance. So we created an app. It’s on the App Store, iOS, and Google. And it’s very simple. It’s designed for everyday people. Then create a digital safe and enter your information. The information could be a seed phrase, a private key, or even a video with a riddle explaining what the seed phrase is.
J Chain:
How to figure out how to get to it. huh.
Wasim Ahmad:
Yes, that’s it. The location of where you were buried. I don’t know. It can be anything digital. That information is encrypted, split into pieces, and then those pieces are sent to someone we call a guardian. A guardian may be a friend, family member, or professional relationship.
J Chain:
You specify it.
Wasim Ahmad:
Yes, please choose. You pick a few. And we also choose some kind of threshold where we want 3 out of 9 to say yes if we need access to the private key. If you don’t have many people you want as part of your network, you can also use devices that you own and control. So three of them might be old iPads or Android devices. This provides much more flexibility than multi-signature. Right? 3 to 5 is all.
J Chain:
huh. This is like the next evolution of multi-signature. That’s what you’re talking about.
Wasim Ahmad:
And the whole system is decentralized. There are no cloud servers.
J Chain:
You are not giving up custody.
Wasim Ahmad:
no. Then we don’t have custody. There is no information about our server, Vault12 server. Once encrypted and distributed, there is virtually nothing on your phone. There are only these pieces. And the people who have that piece don’t actually know that it represents this much cryptocurrency or this much Bitcoin.
J Chain:
wonderful.
Wasim Ahmad:
Very simple, very straightforward. And I think the important thing is that we are at the beginning of what people call a great legacy. There will be tremendous asset flows, all kinds of assets. For example, $67 trillion worth of assets will be passed on to younger generations. And about $6 to $7 trillion of that will be cryptocurrency assets. It’s huge.
J Chain:
It’s really amazing when you think about it and how early we are… Well, we’re early and I think we’re in the early stages, at least with Bitcoin.
Wasim Ahmad:
Over the next 12 months, we will see Chase and Citibank, as well as all of the TradFi folks, start selling Bitcoin. Coinbase could be the one behind doing this by using the bank’s logo. What I mean is, we’re hoping to have about 100 million new retail cryptocurrency investors entering the market in the next three years. And they are the ones who need an inheritance.
J Chain:
OK. Well, Wasim, thank you for your time. Is there anything else you’d like to say about what you’re creating?
Wasim Ahmad:
If you own any type of digital asset, whether Bitcoin or anything else, you owe it to yourself and your family to have a strategy in place to back it up and transfer it. And see a lawyer to make sure you have a will or trust or something that encompasses all of that.
J Chain:
Are there any best practices for people to consider?
Wasim Ahmad:
Yes, we explained the whole process. We’re only doing one part of that, which is getting the information from you to the beneficiaries who will then distribute it. But yes. We have a great website that gives you all kinds of tips on how to think about this.
J Chain:
What is a website?
Wasim Ahmad:
Vault12.com. Vault12.com.
J Chain:
Okay, there it is. Everyone, please check it out. Smash the likes and get out of here. See you later. Thank you very much.