In a recent article, it was mentioned that some 70-90 billion worth of assets, mostly owned by Malays, are unclaimed as of 2020. The article also stated that these assets were frozen and could not be disbursed immediately as their owners died without making wills or any proper inheritance plans. Octowill is a next-gen digital inheritance startup which leverages on patented blockchain based technology to conveniently offer legacy planning services such as will-writing, e-nomination of beneficiaries, and managing the distribution and custody of assets.