Essence of Quality Custody

An ideal custody solution would offer:

1. Security, i.e. protection against

  • attacks from outside (especially theft and extortion)
  • attacks from inside the custodian (especially embezzlement)
  • force majeure (especially [nuclear] war and natural disasters)
  • owner's mistakes (especially key loss)

2. Privacy, i.e. protection of personal data through

  • Strong privacy laws
  • Minimal data collection

3. Sovereignty, i.e. access to assets also in case of

  • Unavailability of custodian (especially during bankruptcy procedures or financial system meltdown)
  • Government intervention

We have seen that no gold custody solution is fully able to meet all the requirements. There is always a trade-off between security and sovereignty.

However, with the help of blockchain technology our MISC® vaults check all the boxes.