Inspiration
We wanted to build something that addressed a real problem in institutional finance. As digital assets become more common, financial institutions need better ways to manage custody, track transactions, and understand settlement risks.
One thing that stood out to us was how complicated this process can get when information is spread across different systems. We wanted to bring everything into one place and make it easier to understand what is happening behind the scenes.
That idea became CustodyOS.
What it does
CustodyOS is a platform designed to help financial institutions monitor digital asset custody and settlement activity.
The platform brings assets, transactions, and settlement dependencies into one dashboard. Instead of looking through separate systems, users can get a clearer picture of their operations and identify potential risks.
We also focused on making the information visual and interactive. Users can explore how transactions are connected, understand where settlement issues might occur, and simulate different scenarios to see their potential impact.
Our goal was to make a complicated financial process easier to follow without removing the technical details that matter.
How we built it
We started by breaking down the problem into three main areas: asset custody, transaction monitoring, and settlement risk.
From there, we worked on building a dashboard that could bring those pieces together. We wanted the frontend to feel like an actual financial platform rather than a collection of unrelated charts and tables.
A big part of our approach was figuring out how to represent settlement dependencies visually. We wanted users to understand how different transactions relate to one another and why an issue with one transaction could affect others.
We divided the work across the team, focusing on the interface, underlying logic, and connecting the different parts of the application.
Throughout development, we kept revisiting the user experience to make sure the platform was understandable and that the features supported the original idea.
Challenges we ran into
One of our biggest challenges was the limited amount of time we had to build everything.
We had several ideas for CustodyOS, but quickly realized that we needed to prioritize the features that would best demonstrate the concept.
Another challenge was getting the different parts of the application to work together. We ran into development environment and localhost issues that slowed down our progress, especially toward the end of the hackathon.
We also had to think carefully about how to present complex financial information. Settlement dependencies and custody risks are not necessarily easy to understand at first glance, so designing an interface that communicated those relationships was an important part of the project.
Accomplishments that we're proud of
We're proud that we were able to take an idea involving institutional digital asset custody and turn it into a project that demonstrates how these operations could be visualized.
One of the things we liked most was the direction of the dashboard. We wanted CustodyOS to look and feel like something a financial institution could realistically use, while keeping the interface approachable.
We're also proud of how our team handled the challenges during development. Not everything worked the way we expected, and we had to adjust our plans as the deadline approached.
Even though there is more work to do, we came away with a foundation that we can continue improving.
What we learned
This project taught us a lot about the operational side of digital assets, particularly custody and settlement.
We spent time thinking about how financial institutions manage transactions, what can cause settlement issues, and why understanding dependencies matters.
On the development side, we learned how important it is to have a working environment early and to integrate different parts of a project throughout the hackathon instead of waiting until the end.
We also learned that building more features does not automatically make a project better. Sometimes the harder part is deciding which features actually solve the problem and making those work well.
What's next for CustodyOS
We want to continue developing CustodyOS beyond the hackathon.
Our next steps would be to improve the settlement simulation features, expand the risk analysis capabilities, and make the dashboard more interactive.
We would also like to explore integrating real blockchain and transaction data rather than relying entirely on demonstration scenarios.
Longer term, we're interested in seeing how CustodyOS could support more advanced settlement analysis and help institutions understand potential issues before they become larger problems.
For now, CustodyOS is a starting point, and we think there is plenty of room to build on what we started.
Log in or sign up for Devpost to join the conversation.