Providing Access to Corporate Companies and Organizations for Polkadot Ecosystem
Onyze is a leading digital asset custody solution provider based in Spain and Andorra. Since its founding in 2019, the company has emerged as a reference point for regulated digital asset custody services in the region. As a registered exchange and custody provider at the Bank of Spain, Onyze fully complies with regulations and works closely with the National Securities Market Commission (CNMV) in the first and second regulatory Sandboxes.
The proposal aims to overcome the challenge Polkadot may face in bringing its blockchain solutions to the Spanish and Andorran markets by providing a regulated avenue for institutional clients, such as banks and corporations, to access the benefits of the Polkadot ecosystem.
The integration of Polkadot into the Onyze custody solution would provide a secure and compliant way for financial institutions and other organizations to store, receive, transfer, and trade DOT tokens. This would enable users to leverage the benefits of Polkadot's interoperability between different blockchains, its scalability, and its secure platform for decentralized applications and services.
Onyze, as a reputable regulated custody solution provider in Spain and Andorra, can help bridge the gap between Polkadot and institutional clients. Onyze has a proven track record of working with large corporations, including banks, and it has the expertise to translate the needs of these clients and support regulatory compliance. This makes Onyze the best option for the Polkadot ecosystem to access the Spanish and Andorran markets due to its relationship with stakeholders and experience with large corporations.
The success of the proposal will be measured by the achievement of success metrics, which include bussines development and increased adoption by corporate companies and organizations.
Developing new use cases and applications would involve working with partners and clients to identify areas where blockchain technology could improve existing processes or create new business opportunities. This would help to expand the Polkadot ecosystem and attract more companies and institutions as partners.
For more information, please read the complete proposal here.
Comments (8)
Comments (8)
Hi there, thanks for raising this proposal.
On your website you already have DOT displayed as one of the tokens - is it possible to already custody / trade DOT?
Unfortunately your website doesn't have a large amount of information and the API docs are not visible without applying, any further information you could provide here would be helpful.
Will the Test and audit mentioned in the proposal be covered by an internal team member, or a 3rd party firm? Based on linkedin employees it doesn't appear you have anyone with security experience on the team.
Birdo
Hey Birdo, thank you for your inquiry. I will address each of the three subjects individually:
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At present, we neither have custody of DOT nor integration with the Polkadot blockchain. Although we provide buying and selling options, no other activities are permitted. Our proposal aims to achieve integration with Polkadot, enabling us to present it as a platform for our clients to create projects.
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API access is restricted; however, if necessary for security purposes, we can grant it on a private basis. Please refer to the proposal for our contact information.
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In terms of auditing and cybersecurity, we have more than three cybersecurity professionals on our team. Due to security concerns, none of them have LinkedIn profiles. In addition to that, we have an external company that conducts external audits (black box) of all the code we develop, using continuous auditing models.
Onyze
Hi there, thanks for raising this proposal.
On your website you already have DOT displayed as one of the tokens - is it possible to already custody / trade DOT?
Unfortunately your website doesn't have a large amount of information and the API docs are not visible without applying, any further information you could provide here would be helpful.
Will the
Test and auditmentioned in the proposal be covered by an internal team member, or a 3rd party firm? Based on linkedin employees it doesn't appear you have anyone with security experience on the team.Birdo
Hey Birdo, thank you for your inquiry. I will address each of the three subjects individually:
At present, we neither have custody of DOT nor integration with the Polkadot blockchain. Although we provide buying and selling options, no other activities are permitted. Our proposal aims to achieve integration with Polkadot, enabling us to present it as a platform for our clients to create projects.
API access is restricted; however, if necessary for security purposes, we can grant it on a private basis. Please refer to the proposal for our contact information.
In terms of auditing and cybersecurity, we have more than three cybersecurity professionals on our team. Due to security concerns, none of them have LinkedIn profiles. In addition to that, we have an external company that conducts external audits (black box) of all the code we develop, using continuous auditing models.
Onyze