Entrustet Mentioned in Washington Post

Capital Entrepreneurs member Entrustet was mentioned in the Washington Post today in a front page story about the digital assets industry.  From the article:

Internet experts and estate planners say a cybercrisis is brewing because popular Internet services have policies that, barring an order from a court, forbid accessing or transferring accounts — including recovering money — unless someone has the password.

The legal fog affects not only personal lives — the photo site Flickr has 40 million members — but also millions of business accounts on such sites as eBay and PayPal and the virtual community of Second Life, which generated $55 million of real money for users last year. Despite our increasing reliance on cloud computing — storing all sorts of data online through Web applications — very few Internet users have begun to think about what happens to all that data should we get hit by a bus.

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