Standard Chartered-Backed Zodia Custody Offers Crypto Ownership Proofs for Institutions

Zodia’s patent-pending custodial ownership system, which is now in live production, actually involves three different proofs, Janaudy explained. It comprises proof of ownership from a customer point of view, proof of management of the wallet from a crypto-asset service provider’s (CASP) point of view, and proof of authority as delegation of private key management from the customer to the CASP, he said.

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