С4С - crypto castodial service
What we offer?
Our primary goal is to establish a reliable crypto custodian within the country. This is a fundamental step for the successful development of blockchain technology and digital assets. In most cases, custodial wallets are similar to exchanges where client funds are pooled together, and only a balance sheet is provided. Our approach is unique: we create individual wallets for each client, ensuring complete control. We also guarantee the security of their private keys, which is a priority for us. Each client can independently verify their assets at any time without involving the custodian.
Why now?
Leading countries in the digital asset space, such as the USA, England, Switzerland, and Singapore, have implemented the necessary infrastructure and then enacted corresponding legislation. In Kazakhstan, we observe the reverse order: laws came first, and now we are beginning to shape the infrastructure. In our view, custodial services will become an integral part of such infrastructure and a focal point for other professional entities in this market.
Table 1. SWOT analysis
| Positive impact | Negative impact | |
|---|---|---|
| Internal environment | experience in the cryptocurrency market, team with expertise in blockchain, ready-made software, entry to a new market, competitive pricing | novelty of the product for the target audience, insufficient legal regulation, start-up stage |
| External environment | rapidly building reputation and recognition, growth aligned with market expansion, audience loyalty for additional products | quick emergence of competitors, lack of trust from, legal conflicts, the possibility of cyberattacks and information leaks |
Table 1 provides grounds to believe that, with a quality and in-demand offering, the service has prospects for rapid market entry and gaining its share. Moreover, the service's share in the regional market has every opportunity to become dominant.
As for the weaknesses, the service plans to collaborate with the government in developing regulatory frameworks for custodial activities and actively participate in popularizing this service among digital asset owners.
Establishing regulatory requirements for custodial service providers will help weed out inadequate market players and make it a truly professional industry, ultimately benefiting the service's position.
To protect against cyberattacks and information leaks, the service will continue to enhance software and internal procedures to consistently present an industry-adapted project to current market challenges. Given that the custodial services market and the overall digital asset market in our region are growing, it seems logical for the service to experience growth in such a market, even in the realization of pessimistic project development scenarios.