Hi All,
I have been tasked with creating a cold storage platform for a very Big/Established Bullion Dealer in a very safe jurisdiction. They already have a lot of customers who have brought bitcoins but have no idea how to store/secure it.
Of course they are also happy to remove counterparty risk as much as possible, preferably do not want any idea what the PK is when they create cold storage wallets.
However, the probability that there are errors should be a close to 0 as possible. Should be verifiable but that can be non trivial and can cost both to customer and provider.
I have given them some suggestions such as :
- Create an Offline Armory Cluster(Customized) and save the private key directly into a person's safe vault, so that the operators cannot see the key(encrypted).
- Create a Video of the whole process, with a twitter feed.
- Post the hash of the video on a blockchain.
Why am I sharing this? I think this is something that could if done in a trustless way and at a provider who otherwise has a lot of credibility, could be valuable to all of us in the community. In other words I do not want to botch it up, and would like to get the communities views on this.
Thanks
wizgot
