A robust custody solution should consider advanced technologies to ensure the security and integrity of stored value. One option is a private and permissioned blockchain, which can serve as the backbone for transaction integrity and auditing, providing a reliable mechanism for tracking asset movements. The design of such blockchains assures that transactions are both auditable and immutable, which is crucial for maintaining trust and security. While a simple database can provide some of these functions, a private blockchain delivers them out of the box, offering enhanced security, transparency, and reliability.
Source: https://www.coindesk.com/opinion/2024/09/04/building-robust-digital-asset-custody-solutions-key-considerations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines