Proof of holding system

A proof of holding system refers to a process or mechanism used to verify that someone actually owns or controls a particular asset. This concept is particularly relevant in the world of finance, especially with regards to:

Securities: In the traditional financial system, proof of holding typically involves documentation from a brokerage firm, custodian bank, or other qualified financial institution. This documentation might include account statements, transaction confirmations, or depository receipts that show the account holder's ownership of specific securities like stocks or bonds.

Crypto currency: In the realm of crypto currency, proof of holding involves demonstrating ownership of cryptocurrency holdings on a blockchain. This can be achieved through various methods depending on the specific system and the type of wallet used. Here are some common approaches: