Custody Solutions for Cryptoassets
The slogan 'Be your own Bank' also implies that you are responsible for managing your own keys, which is not an easy problem. Suitable backup solutions and security measures must be taken. Furthermore, the trading process is critical because it involves transferring assets to the wallet of an exchange, which makes it a custodian during the trading process. A trustworthy Exchange is therefore essential.

Custody Solutions for Cryptoassets

The slogan 'Be your own Bank' also implies that you are responsible for managing your own keys, which is not an easy problem. Suitable backup solutions and security measures must be taken. Furthermore, the trading process is critical because it involves transferring assets to the wallet of an exchange, which makes it a custodian during the trading process. A trustworthy Exchange is therefore essential.

Multisignatures for increased Security

Standard transactions in a block-chain network could be called "single signature transactions" because transfers require only a single signature - from the owner of the private key associated with the address. However, most networks support much more complex transactions that require the signature of multiple people before assets can be transferred. These are often referred to as M-of-N transactions. The idea is that the asset is not "charged" until the critical mass of all parties has signed this transaction. This process is intended to provide additional security within an institution or among stakeholders, as no valid transaction can be generated if a private key is lost.

Smart Contract

Wallet Types


Online Wallet / External Wallet

Here a third party, such as an Exchange, is entrusted with the safekeeping of the private keys. In addition to the counterparty risk, there is also a risk of hacker attacks.

Hot Wallet / Operative Wallet

This type of wallet is used for operational business to guarantee smooth operation. As this system is always online, careful monitoring and security is required.

Hardware Wallet / Cold Storage

With this type, the private keys are not accessible via third-party systems. Here a functional backup solution and an effective control over the own employees is necessary.

Hardware wallets we work with

  • Trezor
  • Ledger
  • Yubico

Conception of OpSec, Georedundancy and Multisignatures

We will create an individual custody solution for you with the various types of wallet. This also includes sensitising your employees and minimising the counterparty risk while maintaining liquidity. OpSec, geo-redundancy concepts and multi-signatures must be tailored to the organisation, e.g. bank.

Smart Contract Audit

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