Digital asset custody solutions safeguard investors’ private keys and protect their digital assetsDigital assets are items of value that can be stored and traded electronically, including cryptocurrencies, tokens, smart contracts, and other... Read More. Private keys are the cryptographic and often complex alphanumeric combinations used to represent, transfer, and operate investor holdings. These cryptographic keys are often the only means of access to a digital asset. While private keys can keep assets well protected, they do represent a single point of failure. Remembering a key can be difficult, and keys are often the target of hackers. Loss or compromise of a private keyA private key is a cryptographic number that allows individuals to sign transactions and create new receiving addresses for their... Read More may result in irrecoverable loss of all holdings under that key.
See Digital Asset Custody: the ultimate step for institutional adoption [Finoa Banking on Medium.com]
See What Are CryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... Read More Custody Solutions? [Investopedia]
