Beyond Crypto Storage: Non-Custodial and Cold Wallets as Gateways to Web3 Sovereignty

Beyond Crypto Storage: Non-Custodial and Cold Wallets as Gateways to Web3 Sovereignty

Deciphering the Self-Custody Philosophy of Non-Custodial and Cold Wallets Through Private Keys In the world of centralized finance (CeFi), we are accustomed to entrusting assets to banks or third-party platforms. However, blockchain technology has pioneered a fundamentally different path: self-custody. This journey begins with a pair of cryptographic keys—public and private—and extends into the practical […]

What is Web3?

web3 tech

Web3 is the next evolution of the internet—one designed to be more decentralized, user-owned, and transparent. Coined by Ethereum co-founder Gavin Wood, the term refers to a blockchain-powered web where applications and platforms aren’t controlled by a central authority but instead operated collectively by users. At its core, Web3 seeks to challenge the dominance of […]

How Can Institutions Prepare for a Transition to Web3 Infrastructure?

How Can Institutions Prepare for a Transition to Web3 Infrastructure?

The transition to Web3 infrastructure represents a fundamental shift in how businesses operate and interact with digital ecosystems. A 2023 report by Deloitte found that 70% of global enterprises are actively exploring blockchain and Web3 technologies to enhance operational efficiency.  By leveraging decentralized technologies, institutions can achieve greater transparency, enhanced security, and innovative business models. Blockchain-based systems […]

Ooi Sang Kuang

Chairman, Non-Executive Director

Mr. Ooi is the former Chairman of the Board of Directors of OCBC Bank, Singapore. He served as a Special Advisor in Bank Negara Malaysia and, prior to that, was the Deputy Governor and a Member of the Board of Directors.