Episode 2 | Lior Lamesh on Custody of crypto assets for banks and financial institutions episode artwork

EPISODE · Aug 5, 2021 · 39 MIN

Episode 2 | Lior Lamesh on Custody of crypto assets for banks and financial institutions

from The Accountant Quits Podcast · host The Accountant Quits

With more and more companies looking to invest in bitcoin and other cryptocurrencies as an alternative to traditional investments like bonds, stocks and so forth, an important consideration for these companies involves the risks and controls in place for owning such assets. One of these significant risks lies in custody. Will the company keep custody of the assets itself, or will it rely on third-party providers? Custody of cryptocurrencies requires a new kind of infrastructure, and connectivity to the internet is the intersection where solutions for custody diverge. For Episode 2, I have the pleasure to have Lior Lamesh, the co-founder of GK8. GK8 is a Tel-Aviv based blockchain cybersecurity company which provides an enterprise-grade custody platform that enables financial institutions to execute their blockchain transactions risk free from cyber attacks. To achieve this, the company has developed the world’s first true air-gapped vault with no internet connectivity, or in other words an offline system for transacting cryptocurrencies. The company’s slogan speaks for itself - You can’t hack what you can’t reach. Lior earned his expertise in cybersecurity while serving in Israel’s elite cyber team in charge of protecting the country’s strategic assets from state-level hackers, reporting directly to the Prime Minister's Office. An expert in both cyber-attacks and cyber-defense, Lior leads the development of GK8’s and his vision is to make hacking private keys and blockchain assets impossible. Enjoy the episode..

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Episode 2 | Lior Lamesh on Custody of crypto assets for banks and financial institutions

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