- External reference: https://www.investopedia.com/news/what-are-cryptocurrency-custody-solutions/#:~:text=Put%20simply%2C%20cryptocurrency%20custody%20solutions,of%20bitcoin%20or%20other%20cryptocurrencies.
What Are Cryptocurrency Custody Solutions?
Cryptocurrency custody solutions are independent storage and security systems used to hold large quantities of tokens.
In other terms, it is like a cryptocurrency wallet, but bigger and provided as a service.
In general, a custody service also provide access to the blockchain. It becomes your entry point to manipulate the data in the blockchain so that you don’t have to even acknowledge the existence of the blockchain anymore and only think about your cryptocurrency.
Notes linking here
- cryptocurrency token
- IBM custody
- institutional custody
- ledger (company)
- misconceptions about wallets, tokens and keys
- tezos API gateway