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Breaking the Taboo: How Death Tech is Defying Society’s Fears and Innovating End-of-Life Care
- Legacy Tech (Death Tech) is a sub-sector of the digital economy, transforming how we approach end-of-life planning, legacy, and memorialisation.
- Legacy Tech addresses the logistical, emotional, and cultural challenges surrounding death, simplifying the end-of-life process, from estate planning to memorialisation.
- Legacy Compass and Elayne promote estate planning from a different, b2b2c angle, focusing on emotional value and process of information gathering.
- Platforms like PlotBox and Cemetery360 digitize the process of finding, purchasing, and managing burial plots, allowing users to take virtual tours of cemeteries and engage with digital memorials.
- Legacy management is important for both digital and physical aspects of a person’s life, ensuring that they are thoughtfully organised, protected, and passed on according to their wishes.
- Legacy management provides clarity, reduces stress for loved ones, and preserves personal and cultural elements that make up a person’s identity.
- GoodTrust, Farewill, and newcomer Legacy Compass offer a mix of practical and emotional support options to help clients manage their legacy effectively.
- Technology is reshaping how society addresses sensitive aspects of life, from creating virtual memorials and managing digital estates to eco-friendly burial solutions.
- Success of early leaders like Farewill and GoodTrust has raised over $45m and $13m respectively, and rising startups like Legacy Compass and Elayne are breaking the taboo and setting a new standard in legacy management.
- Effective legacy management transforms a fragmented process into a cohesive legacy that reflects a person’s values, protects their loved ones, and keeps memories alive.
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