Crypto Assets Custody: Taxonomy, Components, and Open Challenges

Jaroucheh, Zakwan; Ghaleb, Baraq

Abstract

Custody plays a fundamental role for organizations and individuals seeking to access crypto assets (e.g., cryptocurrencies) and decentralized finance (DeFi) applications. Custodians store private keys and approve and sign transactions. Crypto asset transactions must be performed efficiently and securely to prevent a ny losses or theft of the assets. This paper presents a survey and taxonomy of the state-of-the-art solutions for this custody problem, highlighting their various features, as well as the open challenges that must be addressed.

Citation

Jaroucheh, Z., & Ghaleb, B. (2023, May). Crypto Assets Custody: Taxonomy, Components, and Open Challenges. Presented at 2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC), Dubai, United Arab Emirates

• Presentation Conference Type: Conference Paper (published)
• Conference Name: 2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC)
• Start Date: May 1, 2023
• End Date: May 5, 2023
• Online Publication Date: Jul 12, 2023
• Publication Date: 2023
• Deposit Date: Dec 26, 2023
• Publisher: Institute of Electrical and Electronics Engineers
• ISBN: 979-8-3503-1020-7
• DOI: https://doi.org/10.1109/icbc56567.2023.10174959
• Keywords: Surveys , Taxonomy , Ecosystems , Finance , Organizations , Decentralized applications , Cryptocurrency
• Public URL: http://researchrepository.napier.ac.uk/Output/3440289