Enterprise platform TRUSS supports custody, payments and STO
Financial firms can keep operational control and data in-house
AhnLab Blockchain Company (ABC), the digital asset infrastructure subsidiary of AhnLab, said Tuesday it has launched TRUSS, an enterprise platform designed to help financial institutions operate digital asset systems on their own.
TRUSS is an on-premises digital asset platform built directly within a financial institution's internal network. It lets firms manage encryption keys, approval policies and transaction data entirely in-house.
A single platform supports a range of functions — including management of a financial firm's own digital assets, customer asset custody, retail wallets, stablecoin payments and settlement, and the issuance and operation of real-world assets (RWA) and security token offerings (STO).
ABC built TRUSS on a modular architecture centered on a core infrastructure layer that handles common security and control functions, with additional business modules that can be activated as needed. When a financial firm expands into new business areas, it can license new functions rather than build a separate platform from scratch.
The core infrastructure handles key management, policy and approval workflows, audit logging, and blockchain integration. For key management, firms can choose between multi-party computation (MPC) and hardware security modules (HSM), or use both in combination. Transaction signing participants and approval thresholds can also be configured to match each firm's internal authorization rules.
Asset management functions are divided into two modules: Security Vault, which manages assets held by the financial institution itself, and Custody, which manages digital assets entrusted by customers.
Existing financial systems do not need to be replaced. Financial institutions can connect their current core banking, information and service applications to TRUSS through standard integration modules.
ABC said TRUSS incorporates technology and operational experience accumulated through running a commercial wallet service and proof-of-concept projects for financial institutions. The company plans to provide not only a blockchain data indexer and monitoring framework, but also approval policy templates and incident response guidelines.
However, adopting TRUSS does not substitute for the regulatory licenses a financial institution needs to conduct digital asset business. To carry out regulated activities such as custody, a firm must separately meet requirements including registration as a virtual asset service provider (VASP).
"What matters in digital asset business is not the technology itself, but where operational control and data reside," said Im Ju-young, head of AhnLab Blockchain Company. "The core of TRUSS is that it brings together our proprietary MPC technology, AhnLab's security operations standards, experience running a non-custodial wallet service, and the regulatory compliance know-how we have built as a registered VASP — all in a single product."
Meanwhile, ABC completed its VASP registration for virtual asset storage, management and transfer services in April. The company operates Klip, a digital asset wallet service acquired from Kakao's technology affiliate Ground X, and received investment from JB Financial Group in the third quarter of last year.
kyoung@heraldcorp.com
