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Custody for Crypto
C4C (Custody for Crypto) is a custody solution that enables the creation of blockchain products and the direct management of digital assets by their owners.
The custody structure is designed in a way that eliminates the risk of third-party interference through a multi-level system.
The main components of the C4C solution are:
- Digital asset wallets: C4C's know-how in creating multi-signature wallets, achieved through the combination of multi-signature technology and MPC algorithm approaches. The wallet owner specifies its participants; each participant generates private and public keys within the off-chain C4C system using elliptic curve method. To carry out an operation, signatures from the designated number of wallet owners are required. The off-chain system verifies the final signature and executes the operation. Wallets can be used for cold, warm, and hot storage.
- Crypto workflow: Management of documents and business processes for creating rules for conducting different operations and their approvals based on HCL Notes. Neo Custody allows clients to add their own developed procedures for verifying operations.
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