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Know Your Custodians
Know Your Custodians

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Dev Log #2023-04-20

Introduction

I wanted to create a tool for custodians such as centralised exchanged (CEx) to prove that they own the wallet they claim is theirs and is serving as a proof of reserve or liabilities.

Hence, www.knowyourcustodians.com

How it works?

It is simple, the web application simply verifies a message that is signed by a wallet. The message since signed by the wallet can be trusted, in this message it will contain the wallet owner's message stating who are they. Combined this with twitter integration, we can verify that the twitter user owns this address/wallet.

Current Features

  • Allows user to login via twitter and signs a predefined message as a proof of ownership of the wallet

  • User can sign using browser wallet or they can bring their own signature

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