On The Brink with Castle Island cover image

Adam Healy (Station 70) on Digital Asset Cybersecurity (EP.539)

On The Brink with Castle Island

00:00

Importance of Secure Custodianship in Blockchain Transactions

In the world of blockchain transactions, the importance of secure custodianship is twofold. On one end, firms require a qualified custodian with sole control of on-chain keys regulated by entities like DFS. On the other hand, some firms distribute keys among third parties like legal firms, which poses third-party security risks. This highlights the crucial aspect of secure custodianship in blockchain transactions to mitigate such risks and ensure high assurance secure transactions.

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