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.
Source: https://www.coindesk.com/business/2022/10/25/standard-chartered-backed-zodia-custody-offers-crypto-ownership-proofs-for-institutions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines